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- W2040053265 abstract "We analyze the role of cheap-talk in two player games with one-sided incomplete information. We identify conditions under which (1) players can fully communicate and coordinate on efficient Nash equilibria of the underlying complete information game; and (2) players cannot communicate so cheap-talk does not alter the equilibrium set of the Bayesian game. We present examples that illustrate several issues that arise when there is two-sided incomplete information. Journal of Economic Literature Classification Numbers: C72, D82." @default.
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- W2040053265 date "2002-08-01" @default.
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- W2040053265 title "Co-ordination, Spillovers, and Cheap Talk" @default.
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- W2040053265 doi "https://doi.org/10.1006/jeth.2001.2855" @default.
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