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Sender-Receiver Games with Cooperation

Francoise Forges and Ulrich Horst

No 17, Rationality and Competition Discussion Paper Series from CRC TRR 190 Rationality and Competition

Abstract: We consider generalized sender-receiver games in which the sender also has a decision to make, but this decision does not directly affect the receiver. We introduce specific perfect Bayesian equilibria, in which the players agree on a joint decision after that a message has been sent (\"talk and cooperate equilibrium\", TCE). We establish that a TCE exists provided that the receiver has a \"uniform punishment decision\" (UPD) against the sender.

Keywords: sender-receiver game; commitment; cooperative solution; individual rationality (search for similar items in EconPapers)
JEL-codes: C65 C72 (search for similar items in EconPapers)
Date: 2017-03-25
New Economics Papers: this item is included in nep-gth, nep-hpe and nep-mic
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Journal Article: Sender–receiver games with cooperation (2018) Downloads
Working Paper: Sender-receiver games with cooperation (2018) Downloads
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