Communication, risk, and efficiency in games

被引:24
作者
Blume, A [1 ]
机构
[1] Univ Iowa, Dept Econ, Iowa City, IA 52242 USA
基金
美国国家科学基金会;
关键词
D O I
10.1006/game.1997.0598
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper uses curb sets to study the evolution of effective pre-play communication in games where a single communication round precedes a simultaneous-move, complete-information game. It is shown that the effectiveness of one-sided pre-play communication is inversely related to risk in the underlying game, and to the size of the message space. If messages have some a priori information content, then multi-sided communication is more effective than one-sided communication; i.e., risk and the size of the message space play no role. (C) 1998 Academic Press.
引用
收藏
页码:171 / 202
页数:32
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