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We compare communication about private information to communication about actions in a one- shot 2-person public good game with private information. The informed player, who knows the exact return from contributing and whose contribution is unobserved, can send a message about the return or her...
Persistent link: https://www.econbiz.de/10011091836
We compare signaling by words and actions in a one-shot 2-person public good game with private information. The informed player, who knows the exact return from contributing, can signal by contributing first (actions) or by sending a costless message (words). Words can be about the return or...
Persistent link: https://www.econbiz.de/10011092715
Mediation is a conflict resolution method in which a third neutral party provides assistance to the conflict parties ….The process of mediation as well as any solution to the conflict arising from it is implemented only by the consent of all … preferences.This allows us to address the role of self-selection in the mediation process. …
Persistent link: https://www.econbiz.de/10011090929