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Persistent link: https://www.econbiz.de/10011333542
We study the impact of communication on behavior in a two-stage coordination game with asymmetric payoffs. We test … sustain coordination over time and alleviate the inequality induced by the asymmetry of payoffs. Third, communication …
Persistent link: https://www.econbiz.de/10010502689
model of communication in games and investigate the importance of when communication takes place. Sending a message before … are believed whenever possible. Applying our results to Aumann's Stag Hunt game we find that communication is useless if …
Persistent link: https://www.econbiz.de/10010200432
The paper analyzes the role of the structure of communication - i.e. who is talking with whom - on the choice of … messages, on their credibility and on actual play. We run an experiment in a three-player coordination game with Pareto ranked … analysis of credibility, the subjects should communicate and play the Pareto optimal equilibrium only when communication is …
Persistent link: https://www.econbiz.de/10010418867
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Using experimental methods, this paper investigates the limits of communication and leadership in aiding group … coordination in a minimum effort game. Choosing the highest effort is the payoff dominant Nash equilibrium in this game, and … communication and leadership are expected to help in coordinating on such an equilibrium. We consider an environment in which the …
Persistent link: https://www.econbiz.de/10011318403
Persistent link: https://www.econbiz.de/10011406848
×2 games. One-way communication weakly increases coordination on Nash equilibrium outcomes, although average payoffs sometimes … of symmetric 2×2 games, we find that communication facilitates coordination in common interest games with positive … spillovers and strategic complementarities, but there are also games in which any type of communication hampers coordination …
Persistent link: https://www.econbiz.de/10003586295
Persistent link: https://www.econbiz.de/10008655574
type-coordination property: it fully coordinates on the ex-post efficient pure Nash equilibrium when the players' types are … different. Type-coordination is also obtained in a partially revealing equilibrium in which only the High-type is not truthful …
Persistent link: https://www.econbiz.de/10011317848