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 (Author), Fudenberg, Drew (Author)
Format: Article
Language:English
Published: American Economic Association, 2022-08-26T17:59:40Z.
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