neglects the effects of failed collusion attempts. In such contingencies, information revealed in the negotiation process is … likely to affect the bidding behavior in first-price (but not second-price) auctions. We test experimentally a setup in which … collusion is possible, but negotiations often break down and information is revealed in an asymmetric way. The existing …

favorable tie-breaking rules can reduce the discouragement effect and increase the designer's revenue. We test these predictions …

We consider a game of information transmission, with one informed decision maker gathering information from one or more … informed senders. Private information is (conditionally) correlated across players, and communication is cheap talk. For the … on the incentives to report information truthfully is non monotone, and correlation may discipline senders' equilibrium …

game of incomplete information between firms and workers. Workers have almost aligned preferences over firms: each worker … signalling mechanism is harmful for this environment. Though signals transmit previously unavailable information, they also … facilitate information asymmetry that leads to coordination failures. As a result, the introduction of a signalling mechanism …

information and conflicting interests. Senders can misreport information at a cost that is tied to the size of the … misrepresentation. The main results concern the amount of information that is transmitted in equilibrium and the language used by … senders to convey such information. Fully revealing and pure-strategy equilibria exist but are not plausible. I first identify …

In a common value auction in which the information partitions of the bidders are connected, all rings are core …

wants to elicit the agents' private information about both preferences and network connections. As a benchmark for an …