Resumen de Optimal Use of Communication Resources

Abraham Neyman, Olivier Gossner, Penélope Hernández Rojas

• We study a repeated game with asymmetric information about a dynamic state of nature. In the course of the game, the better informed player can communicate some or all of his information with the other. Our model covers costly and/or bounded communication. We characterize the set of equilibrium payoffs, and contrast these with the communication equilibrium payoffs, which by definition entail no communication costs.