Eco514 Game Theory Signaling Games Marciano Siniscalchi January 10, 2000 Introduction Signaling games are used to model the following situation: Player 1, the Sender, receives some private information and sends a message m E M to Player 2, the Receiver. The latter, in turn, observes m but not 0, and
Eco514 Game Theory Problem Set 3: Due Thursday, October 28 1. Asymmetric Auctions Consider an interdependent-values auction with two bidders, each of whom observes an i.i.d uniform signal E [0, 1]. Bidder i's valuation for the object is equal to vi