Certifiable Pre-Play Communication: Full Disclosure

Article dans une revue: This article asks when communication with certifiable information leads to complete information revelation. We consider Bayesian games augmented by a pre-play communication phase in which announcements are made publicly. We first characterize the augmented games in which there exists a fully revealing sequential equilibrium with extremal beliefs (i.e., any deviation is attributed to a single type of the deviator). Next, we define a class of games for which existence of a fully revealing equilibrium is equivalent to a richness property of the evidence structure. This characterization enables us to provide different sets of sufficient conditions for full information disclosure that encompass and extend all known results in the literature, and are easily applicable. We use these conditions to obtain new insights in games with strategic complementarities, voting with deliberation, and persuasion games with multidimensional types.

Auteur(s)

Jeanne Hagenbach, Frédéric Koessler, Eduardo Perez-Richet

Revue
  • Econometrica
Date de publication
  • 2014
Mots-clés
  • Strategic communication
  • Hard information
  • Information disclosure
  • Masquerade relation
  • Belief consistency
  • Single crossing differences
  • Deliberation
  • Supermodular games
Référence interne
  • 2441/9labe9r4se65i789685q83298
Pages
  • 1093 – 1131
Version
  • 1
Volume
  • 82