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Consider managers evaluating their employees’ performances. Should managers justify their subjective evaluations? Suppose a manager’s evaluation is private information. Justifying her evaluation is costly but limits the principal’s scope for distorting her evaluation of the employee. I...
Persistent link: https://www.econbiz.de/10013315592
By facilitating the flow of information in society, communications technology (CT; e.g., newspapers, radio, television, the internet) can help terrorists to (i) spread their message, (ii) recruit followers, and (iii) coordinate among group members. However, CT also facilitates monitoring and...
Persistent link: https://www.econbiz.de/10012852045
We show that essentially every communication equilibrium of any finite Bayesian game with two players can be …
Persistent link: https://www.econbiz.de/10013128960
example of a “delegation-scheme.” Conversely, project aid represents a more “centralized” type of aid. According to the theory …
Persistent link: https://www.econbiz.de/10013073609
' consists of unverifiable information and the quality of communication depends on the conflict of interests between the …
Persistent link: https://www.econbiz.de/10013075612
automatic. We predict the occurrence of uncontrolled coping .emotional outbursts .as a function of an individual's theory … not go hand in hand with rising stress. First steps towards a theory of therapy show how stressed individuals can improve …
Persistent link: https://www.econbiz.de/10012918055
This paper characterizes geometrically the set of all Nash equilibrium payoffs achievable with unmediated communication …
Persistent link: https://www.econbiz.de/10012778541
We experimentally study optional costly communication in Stag-Hunt games. Prior research demonstrates that efficient … coordination is difficult without a communication option but obtains regularly with mandatory costless pre-play messages. We find … that even small communication costs dramatically reduce message use when communication is optional, but efficient …
Persistent link: https://www.econbiz.de/10012986268
This paper reports on experiments testing the viability of markets for cheap talk information. We find that the poor quality of the information transmitted leads to a collapse of information markets. The reasons for this are surprising given the previous experimental results on cheap-talk games....
Persistent link: https://www.econbiz.de/10012917514
Between and within firms, work teams compete against each other and receive feedback on how well their team is performing relative to their benchmarks. In this paper we investigate experimentally how teams respond to relative performance feedback (RPF) at team level. We find that when subjects...
Persistent link: https://www.econbiz.de/10012924345