auction is beneficial to the buyer compared to no communication and ex-ante communication. In a setting where the buyer and … the winning supplier have misaligned interests regarding the terms, the buyer benefits from ex-ante communication relative … to no communication and ex-post communication. Our experimental data provide strong evidence for the predictions in the …

. The present paper will examine and compare properties of telecommunications networks for both the United States and Europe …

which they usually take different positions. Two examples of such structures are communication networks and hierarchies. In … feasible sets in communication networks and compare them with feasible sets arising from hierarchies. …

. Two well-known network structures are hierarchies and communication networks. We give an overview of the most common … models of communication and hierarchy restrictions in cooperative games, compare different network structures with each other … and discuss network structures that combine communication as well as hierarchical features. Throughout the survey, we …

how communication mitigates this free-riding problem in an investment-timing game. In our baseline investment-timing game …. If more investors invest at the same time, they share the costs. In the communication treatment, subjects can freely … communicate before choosing the investment time. We find that in groups of two players, communication increases cooperation and …