Coordination is central to social interactions. Theory and conventional lab experiments suggest that cheap talk …

matter in ways that are entirely unpredicted by the theory, suggesting a novel policy role for information verifiability …

for instrumental purposes. We then present an experiment that tests these ideas in the laboratory and finds support for …

the theory in a lab experiment where two subjects negotiate how to share a resource; in case of conflict, the subjects … receiving the mediator's recommendations. We find that, in line with the theory, messages are significantly more sincere when … sent to the mediator. However, contrary to the theory, peaceful resolution is not more frequent, even when the mediator is …

Although backward induction is a cornerstone of game theory, most laboratory experiments have found that agents are not …-suited for testing the theory. In this study, we analyze the play of world class chess players both in the centipede game and in …