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Power and the Privilege of Clarity: An Analysis of Bargaining Power and Information Transmission
Ruiz, Adrian de Groot; Offerman, Theo; Onderstal, Sander - Tinbergen Instituut - 2011
by an experiment. Finally, we show how partial information transmission can lead to communication failure, and show how …
Persistent link: https://www.econbiz.de/10011256036
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An Experimental Study of Credible Deviations and ACDC
Ruiz, Adrian de Groot; Offerman, Theo; Onderstal, Sander - Tinbergen Instituut - 2011
organize data well in previous experiments meant to test other concepts. This experiment provides the first systematic test of …We test the Average Credible Deviation Criterion (ACDC), a stability measure and refinement for cheap talk equilibria … predictions of ACDC in settings where existing concepts are silent. Finally, we test the prediction derived in De Groot Ruiz …
Persistent link: https://www.econbiz.de/10011256353
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Equilibrium Selection in Cheap Talk Games: ACDC rocks when Other Criteria remain silent
Ruiz, Adrian de Groot; Offerman, Theo; Onderstal, Sander - Tinbergen Instituut - 2011
the size of credible deviations. In our experiment, we find support for the relevance of credible deviations. In addition …
Persistent link: https://www.econbiz.de/10011256700
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Equilibrium Selection in Experimental Cheap Talk Games
Ruiz, Adrian de Groot; Offerman, Theo; Onderstal, Sander - Tinbergen Instituut - 2015
In the past, many refinements have been proposed to select equilibria in cheap talk games. Usually, these refinements were motivated by a discussion of how rational agents would reason in some particular cheap talk games. In this paper, we propose a new refinement and stability measure that is...
Persistent link: https://www.econbiz.de/10011257267