Sender–receiver games with cooperation

Francoise Forges and Ulrich Horst

Journal of Mathematical Economics, 2018, vol. 76, issue C, 52-61

Abstract: We consider generalized sender–receiver games in which the sender also has an action to choose, but this action is payoff-relevant only to himself. We study “cooperate and talk” equilibria (CTE) in which, before sending his message, the sender can commit to delegate his decision to the receiver. CTE are beneficial to the receiver (with respect to no communication) and unlike the equilibria of the plain cheap talk game, preserve him from afterwards regret. While existence of CTE cannot be guaranteed in general, a sufficient condition is that the receiver has a “uniform punishment decision” against the sender.

Keywords: Commitment; Cheap talk; Incentive compatibility; Information transmission; Perfect Bayesian equilibrium (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0304406818300326
Full text for ScienceDirect subscribers only

Related works:
Working Paper: Sender-receiver games with cooperation (2018)
Working Paper: Sender-Receiver Games with Cooperation (2017)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:mateco:v:76:y:2018:i:c:p:52-61

DOI: 10.1016/j.jmateco.2018.03.002

Access Statistics for this article

Journal of Mathematical Economics is currently edited by Atsushi (A.) Kajii

More articles in Journal of Mathematical Economics from Elsevier
Bibliographic data for series maintained by Catherine Liu ().