MULTISTAGE COMMUNICATION WITH AND WITHOUT VERIFIABLE TYPES
Frederic Koessler and
Francoise Forges
International Game Theory Review (IGTR), 2008, vol. 10, issue 02, 145-164
Abstract:
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.
Keywords: Cheap talk; certification; incomplete information; information transmission; jointly controlled lotteries; verifiable types; C72; D82 (search for similar items in EconPapers)
JEL-codes: B4 C0 C6 C7 D5 D7 M2 (search for similar items in EconPapers)
Date: 2008
References: View complete reference list from CitEc
Citations: View citations in EconPapers (2)
Downloads: (external link)
http://www.worldscientific.com/doi/abs/10.1142/S0219198908001844
Access to full text is restricted to subscribers
Related works:
Working Paper: Multistage communication with and without verifiable types (2008)
Working Paper: Multistage communication with and without verifiable types (2008)
Working Paper: Multistage communication with and without verifiable types (2006) 
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:wsi:igtrxx:v:10:y:2008:i:02:n:s0219198908001844
Ordering information: This journal article can be ordered from
DOI: 10.1142/S0219198908001844
Access Statistics for this article
International Game Theory Review (IGTR) is currently edited by David W K Yeung
More articles in International Game Theory Review (IGTR) from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().