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150324s1987 xx |||||o 00| ||eng c |
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|a 10.2307/1913604
|2 doi
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|a (DE-627)JST028790359
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|a (JST)1913604
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|a DE-627
|b ger
|c DE-627
|e rakwb
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|a eng
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| 100 |
1 |
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|a Banks, Jeffrey S.
|e verfasserin
|4 aut
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| 245 |
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|a Equilibrium Selection in Signaling Games
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|c 1987
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| 336 |
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|a Text
|b txt
|2 rdacontent
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|a Computermedien
|b c
|2 rdamedia
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|a Online-Ressource
|b cr
|2 rdacarrier
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|a This paper studies the sequential equilibria of signaling games. It introduces a new solution concept, divine equilibrium, that refines the set of sequential equilibria by requiring that off-the-equilibrium-path beliefs satisfy an additional restriction. This restriction rules out implausible sequential equilibria in many examples. We show that divine equilibria exist by demonstrating that a sequential equilibrium that fails to be divine cannot be in a stable component. However, the stable component of signaling games is typically smaller than the set of divine equilibria. We demonstrate this fact through examples. We also present a characterization of the stable equilibria in generic signaling games.
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|a Copyright 1987 The Econometric Society
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|a Strategic stability
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| 650 |
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|a equilibrium selection
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| 650 |
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|a signaling
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| 650 |
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|a game theory
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| 650 |
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|a Mathematics
|x Applied mathematics
|x Game theory
|x Nash equilibrium
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| 650 |
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4 |
|a Mathematics
|x Applied mathematics
|x Game theory
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| 650 |
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4 |
|a Religion
|x Theology
|x Systematic theology
|x Doctrinal theology
|x Divine attributes
|x Divinity
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| 650 |
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|a Mathematics
|x Applied mathematics
|x Game theory
|x Game theory games
|x Extensive form games
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| 650 |
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|a Economics
|x Economic disciplines
|x Financial economics
|x Banking
|x Banks
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| 650 |
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4 |
|a Mathematics
|x Applied mathematics
|x Statistics
|x Applied statistics
|x Descriptive statistics
|x Statistical distributions
|x Distribution functions
|x Probability distributions
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| 650 |
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4 |
|a Philosophy
|x Logic
|x Logical topics
|x Formal logic
|x Mathematical logic
|x Mathematical set theory
|x Mathematical relations
|x Cardinality
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| 650 |
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4 |
|a Economics
|x Microeconomics
|x Economic utility
|x Expected utility
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| 650 |
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4 |
|a Law
|x Judicial system
|x Legal proceedings
|x Litigation
|x Litigation parties
|x Litigants
|x Defendants
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| 650 |
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|a Economics
|x Microeconomics
|x Economic utility
|x Utility functions
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| 655 |
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|a research-article
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| 700 |
1 |
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|a Sobel, Joel
|e verfasserin
|4 aut
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| 773 |
0 |
8 |
|i Enthalten in
|t Econometrica
|d Wiley
|g 55(1987), 3, Seite 647-661
|w (DE-627)270425721
|w (DE-600)1477253-X
|x 14680262
|7 nnns
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| 773 |
1 |
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|g volume:55
|g year:1987
|g number:3
|g pages:647-661
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4 |
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|u https://www.jstor.org/stable/1913604
|3 Volltext
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|u https://doi.org/10.2307/1913604
|3 Volltext
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|a AR
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|d 55
|j 1987
|e 3
|h 647-661
|