preferred equilibrium. Two-way non-binding pre-play communication among the buyers lowers the power of exclusive contracts and … induces more generous contract terms from the seller. When discrimination and communication are possible, the exclusion rate …

Over the last two decades, communication has become an increasingly important aspect of monetary policy. These real …-world developments have spawned a huge new scholarly literature on central bank communication -- mostly empirical, and almost all of it … written in this decade. We survey this ever-growing literature. The evidence suggests that communication can be an important …

that the positive effect of middle skills on offshoring is weaker, the more advanced are communication technologies in the …

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

and other features of the communication process determine the popularity and pricing of active investment strategies …

-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 …