Year of Graduation
Belief Independency and Equilibrium Refinements in Signalling Games
Double degree programme in Economics of the NRU HSE and the University of London
The paper takes a new approach to equilibrium refinements in signalling games. Having defined some of the desired properties for the process of restriction of Receiver’s off-path beliefs, we suggest a new equilibrium framework to satisfy the listed properties. This framework is used to define two equilibrium refinements, which are then compared to some of the more classic equilibria.