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Should principals explain and justify their evaluations? In this paper the principal's evaluation is private information, but she can provide justification by sending a costly cheap-talk message. I show that the principal explains her evaluation to the agent if the evaluation turns out to be...
Persistent link: https://www.econbiz.de/10009569527
Should principals explain and justify their evaluations? In this paper the principal's evaluation is private information, but she can provide some justifications by sending a costly message. Indeed, it is optimal for the principal to explain her evaluation to the agent if and only if the...
Persistent link: https://www.econbiz.de/10010323871
We study experimentally the effectiveness of communication in common value committees exhibiting publicly known … heterogeneous agents. These predict varying degrees of strategic communication. We use a 2 x 2 design varying the information … protocol (communication vs exogenous public signals) and the group composition (heterogeneous vs homogeneous). Results are only …
Persistent link: https://www.econbiz.de/10011444227
signals in the way that they suspect others are doing it. Consequently, the negative impact of public communication noted by … public signal at all, which suggests that there is a scope to "obliterate" public communication in a specific way, by making …, desirability for such obliteration and non-commonality of signals' understanding. -- transparency ; central bank communication …
Persistent link: https://www.econbiz.de/10009742337
In recent debates, morality or social norms have been proposed as an instrument to reduce conflict behavior. As the argument goes, moral people will not engage in socially not-tolerated behavior or, less so than amoral people. Analyzing this question in the framework of contest theory, we find...
Persistent link: https://www.econbiz.de/10010264774
One possible solution to mitigate the negative influences of conflict which has been proposed in the literature is to subject the relevant parties to education. Education can take two forms: increasing an individual's human capital on the one hand, increasing her social capital on the other...
Persistent link: https://www.econbiz.de/10010264810
The Internet globalizes the world. National regulatory autonomy shrinks. Transferring data from one country to another is almost costless. Foreign content is just a click away. Why is it that states have been able to re-install co-existence in some policy areas, and not in others? In data...
Persistent link: https://www.econbiz.de/10011582891
We study how upward communication - from workers to managers - about individual efforts affects the effectiveness of …
Persistent link: https://www.econbiz.de/10010486358
recipients attach to communication opportunities (experiment 2). The first experiment shows that the effect of communication on …
Persistent link: https://www.econbiz.de/10010361495
recipients attach to communication opportunities (experiment 2). The first experiment shows that the effect of communication on …
Persistent link: https://www.econbiz.de/10011671666