Optimal Use of Communication Resources
研究一个关于动态自然状态的不完全信息重复博弈,知情方可以(有成本或有限地)向对方传递信息,刻画了均衡收益集合,并与无成本的通信均衡收益进行对比。
Abstract. We study a repeated game with asymmetric informa-tion about a dynamic state of nature. In the course of the game, the better informed player can communicate some or all of his in-formation 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.