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We study communication in a two-player coordination game with Pareto-ranked equilibria. Prior research demonstrates … that efficient coordination is difficult without communication but obtains regularly with (mandatory) costless pre …-play messages. In a laboratory experiment, we modify communication by making the sending of messages optional and costly. Even small …
Persistent link: https://www.econbiz.de/10011282459
: communication, and punishment (allowing subjects to engage in costly reductions of one another’s earnings after learning of their … contribution decisions). We find that communication increases contributions more than punishment, and, taking into account the cost … of punishment, only communication significantly increases subjects’ earnings and thus efficiency. We study three forms of …
Persistent link: https://www.econbiz.de/10010318922
: communication, and punishment (allowing subjects to engage in costly reductions of one another’s earnings after learning of their … contribution decisions). We find that communication increases contributions more than punishment, and, taking into account the cost … of punishment, only communication significantly increases subjects’ earnings and thus efficiency. We study three forms of …
Persistent link: https://www.econbiz.de/10010318929
-play communication: numerical (tabular) only, and verbal and numerical. We find that either kind of pre-play communication increases … trusting, trustworthiness, or both, in inter-subject comparisons, but that the inclusions of verbal communication generates …
Persistent link: https://www.econbiz.de/10010318961
The study's aim is to show whether and to what extent services of entrepreneurial value will be provided by arts incubators to nurture fine artists to meet market requirements to make a living in the arts. In order to achieve this aim, the study is previously focused on the clarification of the...
Persistent link: https://www.econbiz.de/10010531580
Access to safe water is necessary for lives and livelihoods. In India, a mid-term assessment reveals that the country … factors constrain access to safe drinking water and proper sanitation in India for both the urban and rural poor, and that …
Persistent link: https://www.econbiz.de/10010293264
It is often assumed that recent success in the high-technology software industry will lead India's development. However … development pattern in India. …
Persistent link: https://www.econbiz.de/10010321626
communication technology (ICT) use for broad-based development and economic growth in India. It will examine the role of …
Persistent link: https://www.econbiz.de/10010322716
reference to China and India, with their very distinctive public policy approaches. Much of the economics literature either does …
Persistent link: https://www.econbiz.de/10010397192
Economic policy and policy reform over the last few decades has been motivated by the need to accelerate growth or equivalently to reverse a decline in growth rate. The economic literature on the determinants of growth has burgeoned and disagreement has followed consensus on the policy...
Persistent link: https://www.econbiz.de/10011807531