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Optimal use of communication resources

Abstract : We study a repeated game with asymmetric information about a dynamic state of nature. In the course of the game, the better-informed player can communicate some or all of his information to the other. Our model covers costly and/or bounded communication. We characterize the set of equilibrium payoffs and contrast these with the communication equilibrium payoffs, which by definition entail no communication costs.
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Submitted on : Tuesday, November 20, 2012 - 8:44:02 AM
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Olivier Gossner, Pénélope Hernández, Abraham Neyman. Optimal use of communication resources. Econometrica, Econometric Society, 2006, 74 (6), pp.1603-1636. ⟨10.1111/j.1468-0262.2006.00720.x⟩. ⟨halshs-00754118⟩

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