Matthews, Steven A. Okuno-Fujiwara, M. Postlewaite, Andrew
Year of Publication:
Discussion Paper No. 892R
Several conceptual points are made concerning communication in games of asymmetric information. Equilibrium refinements of Sender-Receiver cheap-talk games that are based on he concept of a putative equilibrium, and which rely on the presence of a rich language with literal meanings, are discussed. Three nested criteria are proposed: strong announcement-proofness, announcement-proofness, and weak announcement-proofness.