English, Article edition: MULTISTAGE COMMUNICATION WITH AND WITHOUT VERIFIABLE TYPES FRÃDÃRIC KOESSLER; FRANÃOISE FORGES

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Bookmark: http://trove.nla.gov.au/version/144552
Physical Description
  • article
Language
  • English

Edition details

Title
  • MULTISTAGE COMMUNICATION WITH AND WITHOUT VERIFIABLE TYPES
Author
  • FRÃDÃRIC KOESSLER
  • FRANÃOISE FORGES
Physical Description
  • article
Notes
  • We survey selected results on strategic information transmission. We distinguish between "cheap talk" and "persuasion". In the latter model, the informed player's message set depends on his type. As a benchmark, we first assume that the informed player sends a single message to the decision maker. We state characterization results for the sets of equilibrium payoffs, with and without verifiable types. We then show that multistage, bilateral communication enables the players to achieve new equilibrium outcomes, even if types are verifiable. We also propose complete characterizations of the equilibrium payoffs that are achievable with a bounded number of communication rounds.
  • Cheap talk, certification, incomplete information, information transmission, jointly controlled lotteries, verifiable types, C72, D82
  • RePEc:wsi:igtrxx:v:10:y:2008:i:02:p:145-164
Language
  • English
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