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Basic Cheap Talk L3 Strategic Information Transmission Basic Cheap Talk L3 Strategic Information Transmission

Basic Cheap Talk L3 Strategic Information Transmission - PowerPoint Presentation

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Uploaded On 2018-11-09

Basic Cheap Talk L3 Strategic Information Transmission - PPT Presentation

Crawford an Sobel 1982 Cheap talk game Two agents Sender S Receiver R Timing and actions Sender observes state sends message Receiver observes message choses action ID: 725267

partition equilibrium exists cutoff equilibrium partition cutoff exists actions pbn vector equation type set solution satisfies cutoffs preferences arbitrage

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