paper
Robust equilibria in cheap-talk games with fairly transparent motives
Jan-Henrik Steg, Elshan Garashli, Michael Greinecker, Christoph Kuzmics
Robust equilibria in cheap-talk games with fairly transparent motives
Jan-Henrik Steg, Elshan Garashli, Michael Greinecker, Christoph Kuzmics
Paper2023-09-08English
Description
For cheap-talk games with a binary state space in which the sender has state-independent preferences, we characterize equilibria that are robust to introducing slight state-dependence on the side of the sender. Not all equilibria are robust, but the sender-optimum is always achieved at some robust equilibrium.
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