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Equilibria with Communication in a Job Market Example

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Forges, Francoise

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Abstract

The authors study (costless) information transmission from a job applicant to an employer who must decide whether to hire him and, if so, which position to give him. The author constructs equilibrium payoffs requiring at least two signaling steps, or even that no deadline be imposed on the (plain) conversation. The set of communication equilibrium payoffs (achieved with the help of a communication device) is larger than the set of equilibrium payoffs of the plain conversation game, but coincides with the set of correlated equilibrium payoffs. Copyright 1990, the President and Fellows of Harvard College and the Massachusetts Institute of Technology.

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Publisher Info
Article provided by MIT Press in its journal Quarterly Journal of Economics.

Volume (Year): 105 (1990)
Issue (Month): 2 (May)
Pages: 375-98
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Handle: RePEc:tpr:qjecon:v:105:y:1990:i:2:p:375-98

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  1. Roland Strausz & Kay Mitusch, . "Mediation in Situations of Conflict and Limited Commitment," Papers 023, Departmental Working Papers. [Downloadable!]
    Other versions:
  2. Robert J. Aumann & Sergiu Hart, 2002. "Long Cheap Talk," Discussion Paper Series dp284, Center for Rationality and Interactive Decision Theory, Hebrew University, Jerusalem, revised Nov 2002. [Downloadable!]
    Other versions:
    • Robert J. Aumann & Sergiu Hart, 2003. "Long Cheap Talk," Econometrica, Econometric Society, vol. 71(6), pages 1619-1660, November. [Downloadable!] (restricted)
  3. Helmut Bester & Roland Strausz, 2003. "Contracting with Imperfect Commitment and Noisy Communication," Discussion Papers 2, SFB/TR 15 Governance and the Efficiency of Economic Systems, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich. [Downloadable!]
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  4. Steven A. Matthews & Andrew Postlewaite, 1992. "On Modeling Cheap Talk in Bayesian Games," Discussion Papers 992, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
  5. Jerome Mathis, 2006. "Full Revelation of Information in Sender-Receiver Games of Persuasion," THEMA Working Papers 2006-02, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise. [Downloadable!]
  6. Giovanni Di Bartolomeo & Debora Di Gioacchino, 2005. "Fiscal-Monetary Policy Coordination And Debt Management: A Two Stage Dynamic Analysis," Macroeconomics 0504024, EconWPA. [Downloadable!]
  7. Steven A. Matthews & M. Okuno-Fujiwara & Andrew Postlewaite, 1990. "Refining Cheap-Talk Equilibria," Discussion Papers 892R, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
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  8. Kay Mitusch & Roland Strausz, 2000. "Mediation in Situations of Conflict," Econometric Society World Congress 2000 Contributed Papers 0361, Econometric Society. [Downloadable!]
  9. Murali Agastya & Flavio Menezes & Kunal Sengupta, 2005. "Cheap talk, Efficiency and Egalitarian Cost Sharing In Joint Projects," Levine's Working Paper Archive 784828000000000551, UCLA Department of Economics. [Downloadable!]
    Other versions:
  10. Steven A. Matthews & Andrew Postlewaite, 1987. "Pre-Play Communication in Two-Person Sealed-Bid Double Auctions," Discussion Papers 744R, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
    Other versions:
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