Can sunspots replace a mediator?
type: Item
instance of: scholarly article
title: Can sunspots replace a mediator?
zbMATH Open document ID: 0663.90106
DOI: 10.1016/0304-4068(88)90017-1
author: Françoise Forges
published in: Journal of Mathematical Economics
publication date: 1988-01-01T00:00:00Z
review text: To gather information from n informed agents, a principal can rely on a mediator. Does there exist a direct communication scheme yielding the same equilibrium payoffs? Yes, as soon as extraneous signals (`sunspots') can be observed before the beginning of the game.
Mathematics Subject Classification ID: 91A15
Mathematics Subject Classification ID: 91B99
zbMATH DE Number: 4085461
zbMATH Keywords: informational economics
zbMATH Keywords: sunspots
zbMATH Keywords: games with incomplete information
zbMATH Keywords: informed agents
zbMATH Keywords: principal
zbMATH Keywords: mediator
zbMATH Keywords: communication scheme
zbMATH Keywords: extraneous signals
MaRDI profile type: Publication
full work available at URL: 0304-4068(88)90017-1
OpenAlex ID: W2093714672
cites work: Subjectivity and correlation in randomized strategies
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description: scientific article; zbMATH DE number 4085461