We study the role of commitment in communication and its interactions with rules, which determine whether or not …

because decentralized trading impedes communication and, in so doing, opens the door to self-fulfilling beliefs despite the … uniqueness of the equilibrium. In line with Keynesian thinking, these fluctuations may be attributed to "coordination failures …

The role of data analysis in communication, persuasion, and decision-making is discussed. Some problems with current … data-analysis practice are presented, including communication, complex models, large data bases, one-pass processing, rigid …

Global games of regime change -- that is, coordination games of incomplete information in which a status quo is …

communication between subjects. In reality, however, altruism usually requires interaction between givers and receivers, which … altruism are built on human sociality. We experimentally examine communication in which one subject allocates $10 between … recipients had been able to ask, even when they were silent. We conclude that communication dramatically influences altruistic …

-known commitment problem by introducing communication. Allowing the upstream firm to chat privately with each downstream firm reduces … total offered quantity from near the Cournot level (observed in the absence of communication) halfway toward the monopoly … bargaining advantage from open communication that all of the gains from monopolizing the market accrue to them. A simple …

information. Can a bargaining environment that facilitates or restricts communication alleviate these costs? We exploit a unique … platform introduced unstructured communication allowing buyers and sellers on the desktop version of the site, but not the … mobile app, to accompany price offers with a message. Using this natural experiment, our difference-in-differences approach …