Cheap talk can matter in bargaining

From MaRDI portal
Publication:1263539

DOI10.1016/0022-0531(89)90125-7zbMath0687.90101OpenAlexW2158003995MaRDI QIDQ1263539

Joseph Farrell, Robert D. Gibbons

Publication date: 1989

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: http://hdl.handle.net/1721.1/63303




Related Items

The influence of face-to-face communication: a principal-agent experimentCheap talk, efficiency and egalitarian cost sharing in joint projectsPre-play communication in procurement auctions: silence is not goldenPre-play communication in two-person sealed-bid double auctionsBargaining and search with incomplete information about outside optionsHow naiveté improves efficiency in trading with preplay communicationQuid pro quo: Friendly information exchange between rivalsCommunication in Cournot oligopolyPre-communication in a coordination game with incomplete informationCommunication, coordination and Nash equilibriumWhen (not) to publicize inspection resultsInformation revelation and coordination using cheap talk in a game with two-sided private informationEffective cheap talk with conflicting interestsHarmful signaling in matching marketsCommunication in bargaining over decision rightsMeaning and credibility in experimental cheap-talk gamesValuable cheap talk and equilibrium selectionEfficient trading mechanisms with pre-play communicationUncertainty aversion and rationality in games of perfect informationCheap talk games may have unique, informative equilibrium outcomesBayesian improvement of the phantom voters rule: An example of dichotomic communicationValidated equilibrium and sequential spatial competition gamesMeet the lemons: an experiment on how cheap-talk overcomes adverse selection in decentralized marketsAgenda control as a cheap talk game: theory and experiments with storable votesHow communication improves efficiency in bargaining gamesBilateral trading with naive tradersThe art of conversation: eliciting information from experts through multi-stage communicationThe evolution of type communication in a sender/receiver game of common interest with cheap talkCoordination in auctions with entryCheap talk and burned moneyMeaningful cheap talk must improve equilibrium payoffsEquilibrium selection in experimental cheap talk games



Cites Work