In
signaling games
In game theory, a signaling game is a simple type of a dynamic Bayesian game.Subsection 8.2.2 in Fudenberg Trole 1991, pp. 326–331
The essence of a signalling game is that one player takes an action, the signal, to convey information to another ...
, a separating equilibrium is a type of
perfect Bayesian equilibrium where agents with different characteristics choose different actions.
See also
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Signaling games
In game theory, a signaling game is a simple type of a dynamic Bayesian game.Subsection 8.2.2 in Fudenberg Trole 1991, pp. 326–331
The essence of a signalling game is that one player takes an action, the signal, to convey information to another ...
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Pooling equilibrium
A pooling equilibrium in game theory is an equilibria result of a signaling game.
In a signaling game, players send actions called "signals" to other players in the game. Signaling actions are chosen based on privately held information (not k ...
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Cheap talk
In game theory, cheap talk is communication between players that does not directly affect the payoffs of the game. Providing and receiving information is free. This is in contrast to signaling in which sending certain messages may be costly for th ...
References
{{Game theory
Game theory game classes