Justified Communication Equilibrium

<jats:p> Justified communication equilibrium (JCE) is an equilibrium refinement for signaling games with cheap-talk communication. A strategy profile must be a JCE to be a stable outcome of nonequilibrium learning when receivers are initially trusting and senders play many more times than rece...

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Bibliographic Details
Main Authors: Clark, Daniel, Fudenberg, Drew
Other Authors: Massachusetts Institute of Technology. Department of Economics
Format: Article
Language:English
Published: American Economic Association 2022
Online Access:https://hdl.handle.net/1721.1/144468