Showing 1 - 6 of 6
other hand the decision makers rely too much on the received information. Moreover, communication as well as payoffs … communication is less biased. In all treatments, however, the messages are more precise than theoretically predicted. …
Persistent link: https://www.econbiz.de/10010884477
It is well known that communication often serves as a facilitator for cooperation in static games. Yet, communication … can serve entirely different purposes in dynamic settings as communication during the game may work as a means for … investigates cooperation and non-binding communication in a two-stage game. More specifically, two treatments are considered: one …
Persistent link: https://www.econbiz.de/10009323348
Why are some people more optimistic about their life than others? Literature on locus of control suggests that optimism is associated with the belief that one’s life outcomes are controlled by internal factors, such as ability, instead of external factors, such as powerful others or...
Persistent link: https://www.econbiz.de/10005051053
The paper studies the role of communication in facilitating collusion. The situation of infinitely repeated Cournot … collusive output levels or a 'downward' demand shock. The firms choose between tacit collusion and collusion with communication …. Communication implies that the firms meet and exchange information about past outputs and is assumed to be the only legal proof of …
Persistent link: https://www.econbiz.de/10005645357
parties an incentive to manipulate not only the substance of communication but also the decision-maker’s attention allocation … communication, mandate not only the content but also the format of disclosure, and regulate product design. …
Persistent link: https://www.econbiz.de/10010818440
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 the problem of collective action. We observe the effect of different communication structures on …
Persistent link: https://www.econbiz.de/10008675292