241 research outputs found
Quantum Bayesian implementation
Bayesian implementation concerns decision making problems when agents have
incomplete information. This paper proposes that the traditional sufficient
conditions for Bayesian implementation shall be amended by virtue of a quantum
Bayesian mechanism. In addition, by using an algorithmic Bayesian mechanism,
this amendment holds in the macro world.Comment: 14 pages, 3 figure
Refining Cheap-Talk Equilibria
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.
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