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Communication, correlation and cheap-talk in games with public information

  • Heller, Yuval
  • Solan, Eilon
  • Tomala, Tristan

This paper studies extensive form games with perfect information and simultaneous moves, henceforth called games with public information. On this class, we prove that all communication equilibrium payoffs can be obtained without mediator by cheap-talk procedures. The result encompasses repeated games and stochastic games.

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File URL: https://mpra.ub.uni-muenchen.de/25895/1/MPRA_paper_25895.pdf
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File URL: https://mpra.ub.uni-muenchen.de/54905/1/MPRA_paper_25895.pdf
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 25895.

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Date of creation: 01 Jun 2010
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Handle: RePEc:pra:mprapa:25895
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  1. Myerson, Roger B, 1986. "Multistage Games with Communication," Econometrica, Econometric Society, vol. 54(2), pages 323-58, March.
  2. Martin J Osborne & Ariel Rubinstein, 2009. "A Course in Game Theory," Levine's Bibliography 814577000000000225, UCLA Department of Economics.
  3. Eilon Solan, 2001. "Characterization of correlated equilibria in stochastic games," International Journal of Game Theory, Game Theory Society, vol. 30(2), pages 259-277.
  4. Ben-Porath, Elchanan, 2003. "Cheap talk in games with incomplete information," Journal of Economic Theory, Elsevier, vol. 108(1), pages 45-71, January.
  5. repec:dau:papers:123456789/6103 is not listed on IDEAS
  6. Gerardi, Dino, 2004. "Unmediated communication in games with complete and incomplete information," Journal of Economic Theory, Elsevier, vol. 114(1), pages 104-131, January.
  7. Aumann, Robert J., 1974. "Subjectivity and correlation in randomized strategies," Journal of Mathematical Economics, Elsevier, vol. 1(1), pages 67-96, March.
  8. Heller, Yuval, 2005. "A minority-proof cheap-talk protocol," MPRA Paper 7716, University Library of Munich, Germany, revised 26 Feb 2008.
  9. Forges, F., 1984. "An approach to communication equilibria," CORE Discussion Papers 1984035, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  10. Dubey, Pradeep & Kaneko, Mamoru, 1984. "Information patterns and Nash equilibria in extensive games: 1," Mathematical Social Sciences, Elsevier, vol. 8(2), pages 111-139, October.
  11. repec:dau:papers:123456789/6019 is not listed on IDEAS
  12. Solan, Eilon & Vieille, Nicolas, 2002. "Correlated Equilibrium in Stochastic Games," Games and Economic Behavior, Elsevier, vol. 38(2), pages 362-399, February.
  13. Forges, Francoise, 1990. "Universal Mechanisms," Econometrica, Econometric Society, vol. 58(6), pages 1341-64, November.
  14. V. Crawford & J. Sobel, 2010. "Strategic Information Transmission," Levine's Working Paper Archive 544, David K. Levine.
  15. Joseph Farrell & Matthew Rabin, 1996. "Cheap Talk," Journal of Economic Perspectives, American Economic Association, vol. 10(3), pages 103-118, Summer.
  16. Renault, Jerome & Tomala, Tristan, 2004. "Communication equilibrium payoffs in repeated games with imperfect monitoring," Games and Economic Behavior, Elsevier, vol. 49(2), pages 313-344, November.
  17. Amparo Urbano & Jose E. Vila, 2002. "Computational Complexity and Communication: Coordination in Two-Player Games," Econometrica, Econometric Society, vol. 70(5), pages 1893-1927, September.
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