inventors shape their collaboration decisions. Using a new panel of UK inventors and a novel identification strategy, this paper … show that physical proximity is an important influence on collaboration, but is mediated by organisational and ethnic …

information transmission. We find that vagueness is profitably deployed by senders to fool those receivers that lack strategic … precision are not obvious. However, our model and experiment show that information transmission and the welfare of naive …-relevant information, the disclosure of research findings, and testimonies in a court of law. …

and statements, and we investigate whether communication improves information aggregation and the accuracy of group … decisions. Our findings suggest that the effect of communication depends on the underlying accuracy of individual judgments …. Communication improves accuracy when individuals tend to be incorrect, but diminishes it when individuals are likely to be correct …

communication, we also find systematic deviations from optimal behavior in how the communicated information is used. Specifically …. The managers communicate their private information through cheap talk. While the results show close to optimal …