Showing 1 - 10 of 3,686
This study investigates the impact of communication on outcomes in Cournot duopoly and triopoly experiments …. Communication is implemented by two different devices, a ‘standardized-communication’ and a ‘free-communication’ device. Using both … students and managers as subjects, we find that managers behave in a similar way under both communication devices, while …
Persistent link: https://www.econbiz.de/10010785240
Detailed notes on weekly meetings of the sugar-refining cartel show how communication helps firms collude, and so …
Persistent link: https://www.econbiz.de/10005504565
-play messages. In a laboratory experiment, we modify communication by making the sending of messages optional and costly. Even small …We study communication in a two-player coordination game with Pareto-ranked equilibria. Prior research demonstrates … that efficient coordination is difficult without communication but obtains regularly with (mandatory) costless pre …
Persistent link: https://www.econbiz.de/10010402605
This paper presents a laboratory experiment to measure the effect of group membership on individual behavior in …"). In stage 3, additional pre-play communication in the group is allowed before the decision and, in stage 4, the decisions … make the binding decision. -- Group decision making ; social comparison ; leadership ; communication …
Persistent link: https://www.econbiz.de/10009579273
-play messages. In a laboratory experiment, we introduce two realistic features of communication by making the sending of messages …We examine communication in a two-player coordination game with Pareto-ranked equilibria. Prior research demonstrates … that efficient coordination is difficult without communication but obtains regularly with (mandatory) costless pre …
Persistent link: https://www.econbiz.de/10009740154
In intergroup contests a manager advises and motivates her group’s members. Her rewards often depend on the subsequent contest expenditure of the members. I test whether such incentives undermine the credibility and effectiveness of a manager’s efforts. In the different experimental...
Persistent link: https://www.econbiz.de/10010753312
We conduct an experimental analysis of selective disclosure in communication. In our model, an informed sender aims to … importance of evidence selection versus evidence concealment in communication. Our findings confirm the key qualitative … predictions of the theory, suggesting that selection, rather than concealment, is often the dominant distortion in communication …
Persistent link: https://www.econbiz.de/10015072916
-play communication. For this purpose, we first develop a new version of guilt aversion called personal guilt aversion. It is shown that … them. Given this observation, we then design an experiment that can test the new as well as original versions of the guilt … elicited beliefs and (trustful or trustworthy) behavior is almost zero even in an environment with pre-play communication. Thus …
Persistent link: https://www.econbiz.de/10010776760
Numerous studies suggest that communication may be a universal means to mitigate collective action problems. In this … study, we challenge this view and show that the communication structure crucially determines whether communication mitigates … or intensifies rent-seeking for pure public goods. We observe the effect of different communication structures in the …
Persistent link: https://www.econbiz.de/10011048619
Persistent link: https://www.econbiz.de/10009491953