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Long Cheap Talk

Author

Listed:
  • Robert J. Aumann

    ()

  • Sergiu Hart

    ()

Abstract

With cheap talk, more can be achieved by long conversations than by a single message - even when one side is strictly better informed than the other.

Suggested Citation

  • Robert J. Aumann & Sergiu Hart, 2002. "Long Cheap Talk," Discussion Paper Series dp284, The Federmann Center for the Study of Rationality, the Hebrew University, Jerusalem, revised Nov 2002.
    • Handle: RePEc:huj:dispap:dp284
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    File URL: http://www.ma.huji.ac.il/~hart/papers/long.pdf
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    References listed on IDEAS

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    10. Forges, Francoise, 1992. "Repeated games of incomplete information: Non-zero-sum," Handbook of Game Theory with Economic Applications,in: R.J. Aumann & S. Hart (ed.), Handbook of Game Theory with Economic Applications, edition 1, volume 1, chapter 6, pages 155-177 Elsevier.
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    More about this item

    Keywords

    cheap talk; communication; long conversation; incomplete information; game theory; signalling; joint lottery; dimartingale; di-span;

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