Web1.1 Signaling game Signaling games aim to provide a theoretical framework for the following basic question: how do individuals create a common language? The setting was … WebCapital Structure and Signaling Game Equilibria Thomas H. Noe Georgia State University In this article we model thefinancing decisions of a firm as a sequential signaling game. We prove that, when insiders have perfect information regarding the firm's future cash flows, the application of "refinements" to the set of admissible equilibria leads
EconPapers: Refining in Continuous Signaling Games Satisfying …
Web1. aug 1993 · This paper argues that the logical foundations of some refinements and the equilibria they focus on are problematic and, further, proposes an alternative refinement … WebThis paper studies equilibrium refinements in continuous signaling games satifying the single-crossing condition. While most classical criteria select the Riley sparating equilibrium, it is first argued that this equilibrium is not necessarily the most appealing solution and that pooling equilibria also merit attention for some values of the prior probability distribution. sensata technologies baoying co ltd
Some dynamics of signaling games PNAS
WebRefining in Continuous Signaling Games Satisfying the Single-Crossing Condition. Jocelyn Donze () Working Papers from Toulouse - GREMAQ. Abstract: This paper studies … WebIn recent years, there has been considerable interest in the strategic aspects of signaling (Skyrms [] provides an overview).The basic signaling model explored by game theorists is … WebIn Lewis signaling games with three equiprobable states, three signals and three acts, reinforcement learning learns to signal in a little more than 90% of trials, but lands on … sensat bayer ficha tecnica