Cooper, David J.; Kagel, John H. - In: Research in economics : an international review of economics 63 (2009) 4, pp. 216-224
Teams are shown to violate the most basic of equilibrium refinements in signaling games: single-round deletion of dominated strategies (part of the Cho–Kreps intuitive criteria). This is important because, to the extent that teams can be easily induced to violate the most basic of equilibrium...