COMMUNICATION PROTOCOLS WITH BELIEF MESSAGES

    loading  Checking for direct PDF access through Ovid

Abstract

ABSTRACT

This paper presents a communication protocol to reach consensus. In our setting, every player has asymmetric information and evaluates a fixed event on his information. According to the protocol, the sender sends non-partitional messages that he believes the event with a probability of at least his evaluation. We show that the posteriors for the event must be equal among the players after the communication. Journal of Economic Literature Classification: C62, C78.

Related Topics

    loading  Loading Related Articles