Communication, Complexity, and Evolutionary Stability
AbstractIn games with costless preplay communication, some strategies are more complex than others in the sense that they induce a finer partition of the set of states of the world. This paper shows that if the concept of evolutionary stability, which is argued to be a natural solution concept for communication games, is modified to take lexicographic complexity preferences into account, then for a class of games of common interest only communication strategies that induce payoff-dominant Nash outcomes of the underlying game are stable.
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Bibliographic InfoPaper provided by Tilburg - Center for Economic Research in its series Papers with number 9313.
Length: 14 pages
Date of creation: 1993
Date of revision:
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Other versions of this item:
- Karl WÄrneryd, 1998. "Communication, complexity, and evolutionary stability," International Journal of Game Theory, Springer, vol. 27(4), pages 599-609.
- Warneryd, K., 1993. "Communication, Complexity, and Evolutionary Stability," Discussion Paper 1993-13, Tilburg University, Center for Economic Research.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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