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Revision of conjectures about the opponent’s utilities in signaling games
Authors:Tim Schulteis  Andres Perea  Hans Peters  Dries Vermeulen
Institution:(1) Department of Quantitative Economics, University of Maastricht, P.O. Box 616, 6200, MD, Maastricht, The Netherlands
Abstract:In this paper we apply the concept of preference conjecture equilibrium introduced in Perea (2005) to signaling games and show its relation to sequential equilibrium. We introduce the concept of minimum revision equilibrium and show how this can be interpreted as a refinement of sequential equilibrium
Keywords:Signaling games  Preference conjecture equilibrium  Utility revision
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