Interim pre-play communication

We study communication in games with incomplete information, four or more players and rational parameters. We show that every communication equilibrium can be implemented with unmediated communication taking place at the interim stage, i.e., after the players learn their types. • Communication allows agents to exchange information and coordinate their choices. • The presence of a trustworthy mediator favors communication. • Unmediated interim communication is as effective as mediated communication.

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Publication Details

Journal
Economics Letters
Published
2025-04-15
DOI
https://doi.org/10.1016/j.econlet.2025.112320
Citations
1
Primary Topic
Game Theory and Applications
Type
article
Field-Weighted Citation Impact
2.11
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article

Interim pre-play communication

Dino Gerardi
1 citations
Economics Letters
Game Theory and Applications
2.11
article

Interim pre-play communication

Dino Gerardi
article en
1 citations

Abstract

We study communication in games with incomplete information, four or more players and rational parameters. We show that every communication equilibrium can be implemented with unmediated communication taking place at the interim stage, i.e., after the players learn their types. • Communication allows agents to exchange information and coordinate their choices. • The presence of a trustworthy mediator favors communication. • Unmediated interim communication is as effective as mediated communication.

Economics LettersVol. 251
Collegio Carlo Alberto (IT), University of Turin (IT)
Openalex Percentile: Top 15%
Game Theory and Applications
2.11
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