We provide a new equilibrium-refinement (a generalization of the Intuitive Criterion) for dynamic incomplete information games. We discuss the properties of this refinement in a class of games that includes sender-receiver games. We also provide applications (certain incomplete information games where collusion may be initiated in a decentralized way) where our predictions differ from those based on other standard refinements
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Paper provided by Society for Economic Dynamics in its series 2004 Meeting Papers with number
483.
Length: Date of creation: 2004 Date of revision: Handle: RePEc:red:sed004:483
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Find related papers by JEL classification: C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games C73 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Stochastic and Dynamic Games; Evolutionary Games D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General