Repeated Signaling Games

Ayça Kaya

No 2005-07, CIE Discussion Papers from University of Copenhagen. Department of Economics. Centre for Industrial Economics

Abstract: Although many signaling situations are best interpreted as repeated games, prior research often models them as one-shot games. We analyze a class of repeated signaling games in which the informed player's type is persistent and the history of actions are perfectly observable. In this context a large class of possibly complex sequences of signals can be supported as the separating equilibrium actions of the \strong type" of the informed player. We characterize the set of such sequences. We also characterize the sequences of signals in least cost separating equilibria of these games. We show that these sequences in general have a simple structure. Moreover, many of them involve costly signaling after beliefs become degenerate.

Keywords: signaling games; dynamic games; repeated games; asymmetric information (search for similar items in EconPapers)
JEL-codes: C70 C73 D82 (search for similar items in EconPapers)
Pages: 45 pages
Date: 2005-05
New Economics Papers: this item is included in nep-gth
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

Downloads: (external link)
http://www.econ.ku.dk/cie/dp/dp_2003-2006/2005-07.pdf/ (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://www.econ.ku.dk/cie/dp/dp_2003-2006/2005-07.pdf/ [301 Moved Permanently]--> https://www.econ.ku.dk/cie/dp/dp_2003-2006/2005-07.pdf/)

Related works:
Journal Article: Repeated signaling games (2009)
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:kud:kuieci:2005-07

Access Statistics for this paper

More papers in CIE Discussion Papers from University of Copenhagen. Department of Economics. Centre for Industrial Economics �ster Farimagsgade 5, Building 26, DK-1353 Copenhagen K., Denmark. Contact information at EDIRC.
Bibliographic data for series maintained by Thomas Hoffmann ().