Information Transmission and Preference Similarity

Andreas Blume

Game Theory and Information from University Library of Munich, Germany

Abstract: This paper examines sets of Nash equilibria in sender-receiver games that are stable against replacement by alternative Nash equilibria. Such stable sets exist. In {\em partial common interest games} they contain only informative equilibria. The stability requirement sharpens currently available predictions for such games by (1) weakening the partial common interest condition, (2) ruling out strictly dominated actions, (3) reflecting the informativeness of the sender's strategy in the receiver's reply, and (4) by ruling out pooling actions. This approach is then used as a step toward unifying the study of partial common interest games and of Crawford and Sobel's parametric model of preference similarity.

JEL-codes: C7 D8 (search for similar items in EconPapers)
Pages: 27 pages
Date: 1996-05-24
Note: Zipped using PKZIP v2.04, encoded using UUENCODE v5.15. Zipped file includes 1 file -- ui9603.wpa (Latex, 27 pages)
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://econwpa.ub.uni-muenchen.de/econ-wp/game/papers/9605/9605004.ps.gz (application/postscript)
https://econwpa.ub.uni-muenchen.de/econ-wp/game/papers/9605/9605004.pdf (application/pdf)
https://econwpa.ub.uni-muenchen.de/econ-wp/game/papers/9605/9605004.tex (application/x-tex)

Related works:
Working Paper: Information Transmission and Preference Similarity (1997)
Working Paper: Information Transmission and Preference Similarity (1997)
Working Paper: Information Transmission and Preference Similarity (1997)
Working Paper: Information Transmission and Preference Similarity (1996)
Working Paper: Information Transmission and Preference Similarity (1996)
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:wpa:wuwpga:9605004

Access Statistics for this paper

More papers in Game Theory and Information from University Library of Munich, Germany
Bibliographic data for series maintained by EconWPA ( this e-mail address is bad, please contact ).