Cheap Talk with Two Audiences
Author | : Joseph V. Farrell |
Publisher | : |
Total Pages | : 38 |
Release | : 1989 |
Genre | : |
ISBN | : |
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Author | : Joseph V. Farrell |
Publisher | : |
Total Pages | : 38 |
Release | : 1989 |
Genre | : |
ISBN | : |
Author | : Joseph Farrell |
Publisher | : |
Total Pages | : 16 |
Release | : 1989 |
Genre | : Communication |
ISBN | : |
Author | : Mikhail Drugov |
Publisher | : |
Total Pages | : 31 |
Release | : 2018 |
Genre | : |
ISBN | : |
In this paper we experimentally test strategic information transmission between one informed and two uninformed agents in a cheap-talk game. We find evidence of the “disciplining” effect of public communication as compared to private; however, it is much weaker than predicted by the theory. Adding a second receiver naturally increases the complexity of strategic thinking when communication is public. Using the level-k model, we exploit the within subject design to show how individuals decrease their level-k in public communication. Surprisingly, we find that individuals become more sophisticated when they communicate privately with two receivers rather than one.
Author | : Xinyu Li |
Publisher | : |
Total Pages | : 16 |
Release | : 2013 |
Genre | : |
ISBN | : |
Author | : Ana Espinola-Arredondo |
Publisher | : Springer Nature |
Total Pages | : 471 |
Release | : 2023-12-06 |
Genre | : Business & Economics |
ISBN | : 3031375742 |
An introduction to game theory, complete with step-by-step tools and detailed examples. This book offers condensed breakdowns of game-theory concepts. Specifically, this textbook provides “tools” or “recipes” to solve different classes of games. Game Theory presents the information as plainly and clearly as possible. Every chapter begins with the main definitions and concepts before diving into the applications to different settings across economics, business, and other social sciences. Chapters walk readers through algebraic steps and simplifications. This makes the text accessible for undergraduate and Masters-level students in economics and finance. Paired with the exercises published on the accompanying website, students will improve both their theoretical and practical understandings of game theory. Readers will walk away from this book understanding complete and incomplete information models as well as signaling games.
Author | : Marco Battaglini |
Publisher | : |
Total Pages | : 36 |
Release | : 2000 |
Genre | : Game theory |
ISBN | : |
Author | : Banasri Basu |
Publisher | : Springer Science & Business Media |
Total Pages | : 394 |
Release | : 2010-06-01 |
Genre | : Business & Economics |
ISBN | : 8847015014 |
The combined efforts of the Physicists and the Economists in recent years in analyzing and modelling various dynamic phenomena in monetary and social systems have led to encouraging developments, generally classified under the title of Econophysics. These developments share a common ambition with the already established field of Quantitative Economics. This volume intends to offer the reader a glimpse of these two parallel initiatives by collecting review papers written by well-known experts in the respective research frontiers in one cover. This massive book presents a unique combination of research papers contributed almost equally by Physicists and Economists. Additional contributions from Computer Scientists and Mathematicians are also included in this volume. The book consists of two parts: the first part concentrates on Econophysics problems and the second part stresses on various quantitative issues in Economics. Both parts specialize on frontier problems in Games and Social Choices.
Author | : C. M. Capra |
Publisher | : Edward Elgar Publishing |
Total Pages | : 448 |
Release | : 2020-10-30 |
Genre | : Business & Economics |
ISBN | : 1785363336 |
The aim of this Handbook is twofold: to educate and to inspire. It is meant for researchers and graduate students who are interested in taking a data-based and behavioral approach to the study of game theory. Educators and students of economics will find the Handbook useful as a companion book to conventional upper-level game theory textbooks, enabling them to compare and contrast actual behavior with theoretical predictions. Researchers and non-specialists will find valuable examples of laboratory and field experiments that test game theoretic propositions and suggest new ways of modeling strategic behavior. Chapters are organized into several sections; each section concludes with an inspirational chapter, offering suggestions on new directions and cutting-edge topics of research in experimental game theory.
Author | : Gilat Levy |
Publisher | : |
Total Pages | : 46 |
Release | : 2004 |
Genre | : Business communication |
ISBN | : |
Author | : Gerhard Illing |
Publisher | : MIT Press |
Total Pages | : 316 |
Release | : 2006 |
Genre | : Business & Economics |
ISBN | : 0262090414 |
Theoretical and factual studies of ways that the rapidly evolving digital economy has changed the structure of different industries, focusing on the software and music industries.