Cooperation and evolution of meaning in senders-receivers games

Claude Meidinger ()
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Claude Meidinger: Centre d'Economie de la Sorbonne - Université Paris1 Panthéon-Sorbonne

Documents de travail du Centre d'Economie de la Sorbonne from Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne

Abstract: Whether there is a pre-existing common “language” that ties down the literal meanings of cheap talk messages or not is a distinction plainly important in practice. But it is assumed irrelevant in traditional game theory because it affects neither the payoff structure nor the theoretical possibilities for signaling. And when in experiments the “common-language” assumption is simplicitly implemented, such situations ignore the meta-coordination problem created by communication. Players must coordinate their beliefs on what various messages mean before they can use messages to coordinate on what to do. Using simulations with populations of artificial agents, the paper investigates the way according to which a common meaning can be constituted through a collective process of learning and compares the results thus obtained with those available in some experiments

Keywords: Experimental Economics; Computational Economics; Signaling games (search for similar items in EconPapers)
JEL-codes: C73 C91 D03 (search for similar items in EconPapers)
Pages: 20 pages
Date: 2018-12
New Economics Papers: this item is included in nep-cdm, nep-cmp, nep-exp and nep-gth
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Persistent link: https://EconPapers.repec.org/RePEc:mse:cesdoc:18036

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