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We design a laboratory experiment to study behavior in a multidivisional organization facing a trade-off between … communication, we also find systematic deviations from optimal behavior in how the communicated information is used. Specifically … than predicted coordination in centralized organizations. We show that the observed deviations disappear when uncertainty …
Persistent link: https://www.econbiz.de/10011872542
In cases of conflict of interest, people can lie directly or evade the truth. We analyse this situation theoretically and test the key behavioural predictions in a novel sender-receiver game. We find senders prefer to deceive through evasion rather than direct lying, more so when evasion is a...
Persistent link: https://www.econbiz.de/10014495050
coordination when there is strategic uncertainty. We compare the choices made by experimental subjects in a minimum effort game. In … coordination between group members, both leading to lower payoffs. However, these results depend strongly on the group's gender …
Persistent link: https://www.econbiz.de/10012285502
at coordinating followers' actions. Two experiments using coordination games investigate whether female leaders are less … successful than males in persuading followers to coordinate on efficient equilibria. In these settings, successful coordination …
Persistent link: https://www.econbiz.de/10014487121
) private information with sequential, two-way communication. In the first stage, the buyer communicates her private preferences …
Persistent link: https://www.econbiz.de/10014479178
We solve and test experimentally a global-games model of speculative attacks where agents can choose whether to read, at a cost, a payoff irrelevant (sunspot) announcement. Assuming that subjects exogenously believe some others to follow sunspots, we provide conditions for a unique equilibrium...
Persistent link: https://www.econbiz.de/10011976078
In symmetric binary-choice coordination games, the global-game selection (GGS) has been proven to predict a high … the fraction of players choosing either action. This paper presents an experiment on asymmetric games in which the GGS …
Persistent link: https://www.econbiz.de/10014476806
motive that most closely aligns with their personal interest. We test this hypothesis using a laboratory experiment that …
Persistent link: https://www.econbiz.de/10011996709
Persistent link: https://www.econbiz.de/10012614439
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 show that...
Persistent link: https://www.econbiz.de/10011930440