Efficient communication in the electronic mail game

被引:3
作者
De Jaegher, Kris [1 ]
机构
[1] Univ Utrecht, Utrecht Sch Econ, NL-3512 BL Utrecht, Netherlands
关键词
electronic mail game; efficient communication; grounding; equilibrium refinements; evolutionary stability;
D O I
10.1016/j.geb.2007.12.003
中图分类号
F [经济];
学科分类号
02 ;
摘要
The literature on the electronic mail game shows that players' mutual expectations may lock them into requiring an inefficiently large number of confirmations and confirmations of confirmations from one another. This paper shows that this result hinges on the assumption that, with the exception of the first message, each player can only send a message when receiving an immediately preceding message. We show that, once this assumption is lifted, equilibria involving confirmations of confirmations no longer pass standard refinements of the Nash equilibrium, and are no longer evolutionary stable. (C) 2008 Elsevier Inc. All rights reserved.
引用
收藏
页码:468 / 497
页数:30
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