search query: @author Blume, A. / total: 2
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Author: | Blume, A. |
Title: | Communication, risk, and efficiency in games |
Journal: | Games and Economic Behavior
1998 : FEB, VOL. 22:2, p. 171-202 |
Index terms: | GAMES COMMUNICATION RISK EFFICIENCY ECONOMICS |
Language: | eng |
Abstract: | This article studies pre-play communication in games where a single communication round precedes a simultaneous-move, complete-information game. A subset of players send costless messages from a finite message space in the communication round. This article studies whether meaningful communication can evolve endogenously under a large class of dynamic rules. this is the case, even if the dynamics are not restricted to be gradual. The departure from gradual dynamics reveals issues not novel in the evolutionary literature on pre-play communication. These are a role for a risk in the underlying game and for the size of the message space. These factors potentially hinder the evolution of effective pre-play communication |
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