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Signaling Games in Political (Fundamentals of Pure and Applied Economics)
 
 
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Signaling Games in Political (Fundamentals of Pure and Applied Economics) [Paperback]

Banks (Author)

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Book Description

January 1, 1991 3718650878 978-3718650873 1
This monograph surveys the current literature on game theoretic models of strategic information transmission in politics. Such work generalizes earlier models by allowing relevant information to be asymmetrically held by agents, and subsequently studying the willingness and ability of these agents to transmit information through their actions. Substantively the monograph includes models of agenda control in legislatures and elections, veto threats and debate, electoral competition, reputation building, bargaining in the shadow of war and sophisticated voting. Within each topic the principal focus is on how the presence of asymmetric information enriches the strategic environment of the participants, as well as how it rationalizes certain types of political behaviour and political institutions as equilibrium phenomena in an "incomplete information" world.

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Inside This Book (learn more)
First Sentence:
In the past twenty years or so rational choice models have become a common if not completely accepted paradigm from which to generate predictions of and explanations for political behavior. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
universally divine equilibrium, costless signaling games, most informative equilibria, induced ideal point, electoral announcements, equilibrium proposal, equilibrium messages, pooling equilibria, sequential equilibrium, best response correspondence, informational gains, separating equilibrium, incomplete information games, universal divinity, debate stage, voting stage, closed rule, intuitive criterion, posterior belief, pooling equilibrium, sequential equilibria, induced preferences, open rule, closed procedure, utility equivalent
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