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Communication and its cost in graph-restricted games

✍ Scribed by Edward C. Rosenthal


Publisher
Springer US
Year
1988
Tongue
English
Weight
444 KB
Volume
25
Category
Article
ISSN
0040-5833

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Recent signalling models have shown that honest, cost-free communication between relatives can be stable. Moreover, cost-free signalling equilibria are in some cases more efficient than costly equilibria. However, we show that they are also relatively uninformative, particularly when relatedness bet