Revision of conjectures about the opponent’s utilities in signaling games
In this paper we apply the concept of preference conjecture equilibrium introduced in Perea (2003) to signaling games and show its relation to sequential equilibrium. Furthermore, we introduce the concept of minimum revision equilibrium and show how this can be interpreted as a refinement of sequential equilibrium. We also present a method to compute preference conjecture equilibria.
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Volume (Year): 30 (2007)
Issue (Month): 2 (February)
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References listed on IDEAS
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- Banks, Jeffrey S. & Sobel, Joel., 1985.
"Equilibrium Selection in Signaling Games,"
565, California Institute of Technology, Division of the Humanities and Social Sciences.
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1998-75, Tilburg University, Center for Economic Research.
- Borm, Peter & Vermeulen, Dries & Voorneveld, Mark, 2003. "The structure of the set of equilibria for two person multicriteria games," European Journal of Operational Research, Elsevier, vol. 148(3), pages 480-493, August.
- Borm, P.E.M. & Vermeulen, D. & Voorneveld, M., 2003. "The structure of the set of equilibria for two person multicriteria games," Other publications TiSEM ecf9e80b-f56a-4669-b647-e, Tilburg University, School of Economics and Management.
- David Kreps & Robert Wilson, 1998.
Levine's Working Paper Archive
237, David K. Levine.
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