Equilibria with Communication in a Job Market Example

S-Tier
Journal: Quarterly Journal of Economics
Year: 1990
Volume: 105
Issue: 2
Pages: 375-398

Score contribution per author:

8.043 = (α=2.01 / 1 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We study (costless) information transmission from a job applicant to an employer who must decide whether to hire him and, if so, which position to give him. We construct equilibrium payoffs requiring at least two signaling steps, or even that no deadline be imposed on the (plain) conversation. The set of communication equilibrium payoffs (achieved with the help of a communication device) is larger than the set of equilibrium payoffs of the plain conversation game but coincides with the set of correlated equilibrium payoffs.

Technical Details

RePEc Handle
repec:oup:qjecon:v:105:y:1990:i:2:p:375-398.
Journal Field
General
Author Count
1
Added to Database
2026-01-25