Forges, Françoise; Horst, Ulrich
(2017):
Sender-Receiver Games with Cooperation.
Collaborative Research Center Transregio 190, Discussion Paper No. 17
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Abstract
We consider generalized sender-receiver games in which the sender also has a decision to make, but this decision does not directly affect the receiver. We introduce specific perfect Bayesian equilibria, in which the players agree on a joint decision after that a message has been sent ("talk and cooperate equilibrium", TCE). We establish that a TCE exists provided that the receiver has a "uniform punishment decision" (UPD) against the sender.