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Incentive compatibility in sender-receiver stopping games

Author

Listed:
  • Aradhye, Aditya
  • Flesch, János
  • Staudigl, Mathias
  • Vermeulen, Dries

Abstract

We introduce a model of sender-receiver stopping games, in which the sender observes the current state, and sends a message to the receiver to either stop the game, or to continue. The receiver, only seeing the message, then decides to stop the game, or to continue. The payoff to each player is a function of the state when the receiver quits, with higher states leading to better payoffs.

Suggested Citation

  • Aradhye, Aditya & Flesch, János & Staudigl, Mathias & Vermeulen, Dries, 2023. "Incentive compatibility in sender-receiver stopping games," Games and Economic Behavior, Elsevier, vol. 141(C), pages 303-320.
    • Handle: RePEc:eee:gamebe:v:141:y:2023:i:c:p:303-320
    DOI: 10.1016/j.geb.2023.06.008
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    More about this item

    Keywords

    Sender-receiver games; Stopping games; Bayesian games; Incentive compatibility;
    All these keywords.

    JEL classification:

    • C73 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Stochastic and Dynamic Games; Evolutionary Games
    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness

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