Citation:
Olivier Gossner, P. H., & Neyman, A. . (2004). Optimal Use of Communication Resources. Discussion Papers. presented at the 12. Retrieved from /files/dp377.pdf
Abstract:
We study a repeated game with asymmetric information about a dynamic state of nature. In the course of the game, the better informed player can communicate some or all of his information with 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.