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 …

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 …

. However when costless communication is possible firms may be able to coordinate a move towards a pareto-preferred equilibrium … provided that the communication is credible. It is shown that in some cases when firms do not move to a pareto …-preferred equilibrium in spite of communication one firm may have an incentive to purchase R & D assets from other firms to reap the gain …

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. …