Showing 1 - 10 of 623
-binding price requests. Using a laboratory experiment, we examine how competition moderates the way such cheap-talk communication … granularity effects of cheap-talk communication on negotiation outcomes. Our results show that most of these effects survive with …
Persistent link: https://www.econbiz.de/10014299618
cheap-talk communication with evaluators. We use the chat among committee members to learn about, e.g., their beliefs about …
Persistent link: https://www.econbiz.de/10011895939
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
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
This paper offers a new theory of discrimination in the workplace. We consider a manager who has to assign two tasks to two employees. The manager has superior information about the employees' abilities. We show that besides an equilibrium where the manager does not discriminate, equilibria...
Persistent link: https://www.econbiz.de/10010238944
Currently no refinement exists that successfully selects equilibria across a wider range of Cheap Talk games. We propose a generalization of refinements based on credible deviations, such as neologism proofness and announcement proofness. According to our Average Credible Deviation Criterion...
Persistent link: https://www.econbiz.de/10011383193
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 … 2x2 design, where we vary the availability of communication and the number of agents. We find that communication …
Persistent link: https://www.econbiz.de/10013375345
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
We analyze communication about the social returns to investment in a public good. We model two agents who have private …, equilibrium communication features "denial" about the returns, depressing contributions. We illustrate the model in the context of …
Persistent link: https://www.econbiz.de/10011801387
Consumer products and services can often be described as mixtures of ingredients. Examples are the mixture of ingredients in a cocktail and the mixture of different components of waiting time (e.g., in-vehicle and out-of-vehicle travel time) in a transportation setting. Choice experiments may...
Persistent link: https://www.econbiz.de/10010350005