Koukoumelis, Anastasios; Levati, M. Vittoria; Weisser, … - In: Journal of Economic Behavior & Organization 81 (2012) 2, pp. 379-390
We use experimental methods to study the power of leading by words. The context is a voluntary contribution mechanism with one-way communication. One group member can send a free-form text message to his fellow players. Contrary to the commonly accepted wisdom that the cooperation-enhancing...