Showing 1 - 10 of 2,456
send more informative messages under communication than predicted by the pure strategy equilibria. This finding neither … mixed strategy equilibrium under communication, which strictly outperforms optimal restricted delegation and is relatively …
Persistent link: https://www.econbiz.de/10011520494
Many everyday activities are habitual. Among the most common human activities is communication. If people primarily … experimental evidence that habits affect strategic communication in an unfamiliar environment. Additionally, we contrast two …
Persistent link: https://www.econbiz.de/10012887895
This article analyzes under which conditions a manager can motivate a junior worker by verbal communication, and … explains why communication is often tied up with organizational choices as job enlargement and collaboration. Our model has two …
Persistent link: https://www.econbiz.de/10011335224
We study social learning in a social network setting where agents receive independent noisy signals about the truth. Agents naïvely update beliefs by repeatedly taking weighted averages of neighbors' opinions. The weights are fixed in the sense of representing average frequency and intensity of...
Persistent link: https://www.econbiz.de/10011801379
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. …
Persistent link: https://www.econbiz.de/10011349197
The collection of information necessary fordecision-making is often delegated to agents (e.g. bureaucrats,advisors, lawyers). If both the pros and cons of a decision haveto be examined, it is better to use competing agents instead of asingle agent. The reason is that two conflicting pieces...
Persistent link: https://www.econbiz.de/10011326399
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
Persistent link: https://www.econbiz.de/10002902640
which the internal communication flow is perfect. …
Persistent link: https://www.econbiz.de/10011343955
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