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Long Cheap Talk

Author

Listed:
  • Robert J. Aumann
  • Sergiu Hart
Abstract
With cheap talk, more can be achieved by long conversations than by a single message - even when one side is strictly better informed than the other.

Suggested Citation

  • Robert J. Aumann & Sergiu Hart, 2002. "Long Cheap Talk," Discussion Paper Series dp284, The Federmann Center for the Study of Rationality, the Hebrew University, Jerusalem, revised Nov 2002.
  • Handle: RePEc:huj:dispap:dp284
    as

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    File URL: http://www.ma.huji.ac.il/~hart/papers/long.pdf
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    References listed on IDEAS

    as
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    11. Forges, Francoise, 1992. "Repeated games of incomplete information: Non-zero-sum," Handbook of Game Theory with Economic Applications, in: R.J. Aumann & S. Hart (ed.), Handbook of Game Theory with Economic Applications, edition 1, volume 1, chapter 6, pages 155-177, Elsevier.
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    24. Ben-Porath, Elchanan, 1998. "Correlation without Mediation: Expanding the Set of Equilibrium Outcomes by "Cheap" Pre-play Procedures," Journal of Economic Theory, Elsevier, vol. 80(1), pages 108-122, May.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    cheap talk; communication; long conversation; incomplete information; game theory; signalling; joint lottery; dimartingale; di-span;
    All these keywords.

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