communicated might matter. In a controlled field experiment, we study a minimally invasive change in the communication of a well …

commitment. By allowing the principal to use general communication devices we overcome the literature's common, but overly … restrictive focus on one-shot, direct communication. In addition, general communication devices solve two fundamental problems of … the message spaces of the communication device. An example illustrates our arguments and the suboptimality of one …

We consider a software vendor first selling a monopoly platform and then an application running on this platform. He … over to non-software platforms and, partially, to upstream and downstream firms. The model also explains why Microsoft …

the principal at the communication stage affects our results. …

whenever possible, thereby develop a theory of credible communication. Predictions confirm the longstanding intuition for …

model of communication in games and investigate the importance of when communication takes place. Sending a message before … are believed whenever possible. Applying our results to Aumann's Stag Hunt game we find that communication is useless if …

According to several psychological and economic studies, non-binding communication can be an effective tool to increase …

posterior means. The existence of smooth communication equilibria depends on the relative usefulness of the signal structure to … communication equilibrium. The quality of smooth equilibrium communication is entirely determined by the correlation of interests …