Cheap Talk and Reputation in Repeated Pretrial Negotiation
研究被告与原告无限期重复互动如何通过声誉效应增强廉价谈话的可信度，从而在利益冲突时仍能改善谈判效率。
Infinitely repeated interaction between a defendant and a plaintiff can enhance the credibility of cheap talk and improve efficiency in outcome that would be infeasible without cheap talk. The basic driving force is reputation effect. If the players are concerned about their reputation, cheap talk cannot be taken as meaningless even in a game where the interests of the players are sufficiently conflicting, because possible current gains from opportunistic behavior can be wiped out by future losses in payoff from damaged reputation. 1