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
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Schulteis, T., Perea, A., Peters, H. et al. Revision of conjectures about the opponent’s utilities in signaling games. Economic Theory 30, 373–384 (2007). https://doi.org/10.1007/s00199-005-0061-7
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DOI: https://doi.org/10.1007/s00199-005-0061-7