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Power and the privilege of clarity : an analysis of bargaining power and information transmission

Groot Ruiz, Adrian de; Offerman, Theo; Onderstal, Sander - 2012

We provide a game theoretic analysis of how power shapes the clarity of communication. We analyze information … by an experiment. Finally, we show how partial information transmission can lead to communication failure, and show how …

Persistent link: https://www.econbiz.de/10011386160

Can communication mitigate strategic delays in investment timing?

Mermer, Ayse; Onderstal, Sander; Sonnemans, Joep - 2023

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 …

Persistent link: https://www.econbiz.de/10014299600

Coordination of expectations in asset pricing experiments

Hommes, Cars H.; Sonnemans, Joep; Tuinstra, Jan; … - 2003

We investigate expectation formation in a controlled experimental en-vironment. Subjects are asked to predict the price in a standard asset pricingmodel. They do not have knowledge of the underlying market equilibrium equa-tions, but they know all past realized prices and their own predictions....

Persistent link: https://www.econbiz.de/10011333274

Can communication mitigate strategic delays in investment timing?

Mermer, Ayse; Onderstal, Sander; Sonnemans, Joep - 2022

experiment, while coordination failures emerge in the following periods sweeping away the beneficial effect of communication at … others creating socially suboptimal outcomes. We investigate if and how communication mitigates the strategic delay in … introducing communication into this setting reduces strategic delay. We implement our model in a laboratory experiment utilizing a …

Persistent link: https://www.econbiz.de/10013375345

Yes, I'll do it : a large-scale experiment on the volunteer's dilemma

Kopányi-Peuker, Anita - 2018

In many real-life situations people face a simple decision whether to volunteer or not to provide some benefit for themselves and also for others. This research investigates the effects of the group size and the magnitude of the volunteering cost in a controlled large-scale laboratory...

Persistent link: https://www.econbiz.de/10011901874

Spillovers from legal cooperation to non-competitive prices

Hinloopen, Jeroen; Martin, Stephen; Onderstal, Sander; … - 2024

show that repeated interaction and communication about prices in a market are not necessary to achieve non …

Persistent link: https://www.econbiz.de/10015173765

Contests with rank-order spillovers

Baye, Michael R.; Kovenock, Daniel J.; Vries, Casper G. de - 2009 - Revised: April 2009

This paper presents a unified framework for characterizing symmetric equilibrium in simultaneous move, two-player, rank-order contests with complete information, in which each player's strategy generates direct or indirect affine spillover effects that depend on the rank-order of her decision...

Persistent link: https://www.econbiz.de/10011378808

Market power in California's water market

Tomori, Françeska; Ansink, Erik; Houba, Harold; … - 2021

We estimate market power in California's thin water market. Market frictions may distort the potential welfare gains from water marketing. We use a Nash-Cournot model and derive a closed-form solution for the extent of market power in a typical water market setting. We then use this solution to...

Persistent link: https://www.econbiz.de/10012421023

Measuring responsiveness to feedback as a personal trait

Buser, Thomas; Gerhards, Leonie; Weele, Joël J. van der - 2016

People typically update their beliefs about their own abilities too little in response to feed-back, a phenomenon known as "conservatism", and some studies suggest that they overweight good relative to bad signals ("asymmetry"). We measure individual conservatism and asymmetry in three tasks...

Persistent link: https://www.econbiz.de/10011483816

Persuasion, justification and the communication of social impact

Förster, Manuel; Weele, Joël J. van der - 2018

We experimentally investigate strategic communication about the impact of prosocial actions, which is central to policy … communication in moral domains, and help understand the fraught nature of political discussions about social impact. …

Persistent link: https://www.econbiz.de/10011895755