Document Type
Discussion Paper
Publication Date
12-1-1998
CFDP Number
1203
CFDP Pages
19
Abstract
Two players seek to co-ordinate their behavior in an incomplete information setting. We show that if each player’s preferences over his opponent’s action is independent of his own action or type, then cheap talk cannot expand the set of equilibrium outcomes.
Recommended Citation
Baliga, Sandeep and Morris, Stephen, "Cheap Talk and Co-ordination with Payoff Uncertainty" (1998). Cowles Foundation Discussion Papers. 1451.
https://elischolar.library.yale.edu/cowles-discussion-paper-series/1451