Showing 1 - 10 of 451
This paper experimentally investigates free-riding behavior on communication cost in a coordination game and finds … strong indications of such free-riding. Firstly, the subjects wait for others to send a message when communication is costly …, which does not happen when communication is costless. Secondly, the proportion of games where no communication or one …
Persistent link: https://www.econbiz.de/10010240906
We show that a Bayesian game where the type space of each agent is a bounded set of m-dimensional vectors with non-negative components and the utility of each agent depends linearly on its own type only is equivalent to a simultaneous competition in m basic games which is called a uniform...
Persistent link: https://www.econbiz.de/10012007006
This paper formulates the classic Monty Hall problem as a Bayesian game. Allowing Monty a small amount of freedom in his decisions facilitates a variety of solutions. The solution concept used is the Bayes Nash Equilibrium (BNE), and the set of BNE relies on Monty’s motives and incentives. We...
Persistent link: https://www.econbiz.de/10011709265
This study investigates the relationship between an actor’s beliefs about others’ other-regarding (social) preferences and her own other-regarding preferences, using an “avant-garde” hierarchical Bayesian method. We estimate two distributional other-regarding preference parameters, α...
Persistent link: https://www.econbiz.de/10009753708
will reject a low offer, it remains an open question whether anticipated verbal communication can be effective in … the form of anticipated verbal communication (no communication, one-sided communication from proposers and two …-sided communication) and find that offers are significantly higher in the presence of anticipated two-sided communication. However …
Persistent link: https://www.econbiz.de/10011709209
communication device) in which the informed agent reports one of the N possible elements of a partition to the mediator and then the …
Persistent link: https://www.econbiz.de/10014426261
This paper deals with the effects of different modes of communication in a costless information transmission … having two senders and one receiver. The communication of senders is simultaneous in the first, sequential in the second and … one sender becomes insignificant in our two-sender model regardless of the mode of communication. However, as to the …
Persistent link: https://www.econbiz.de/10012431852
Intuitively, we expect that players who are allowed to engage in costless communication before playing a game would be … communication has been suggested as a rationale for expecting Nash equilibria in general. This paper presents a plausible formal … environment, it is shown that meaningful communication among players leads to a Nash equilibrium (NE) of the action game. Within …
Persistent link: https://www.econbiz.de/10012432175
We studied how communication media affect trust game play. Three popular media were considered: traditional face …-to-face, Facebook groups, and anonymous online chat. We considered post-communication changes in players' expectations and preferences …, and further analyzed the contents of group communications to understand the channels though which communication appears to …
Persistent link: https://www.econbiz.de/10012432337
I experimentally investigate how vague language changes the nature of communication in a biased strategic information … model showing that vague messages increase communication between boundedly rational players, especially if some senders are …
Persistent link: https://www.econbiz.de/10013367782