Showing 1 - 10 of 580
informed senders. Private information is (conditionally) correlated across players, and communication is cheap talk. For the …
Persistent link: https://www.econbiz.de/10010189326
The use of coarse categories is prevalent in various situations and has been linked to biased economic outcomes, ranging from discrimination against minorities to empirical anomalies in financial markets. In this paper we study economic rationales for categorizing coarsely. We think of the way...
Persistent link: https://www.econbiz.de/10010353550
This paper develops a semiotic-inferential model of verbal communication for incomplete information games: a language …
Persistent link: https://www.econbiz.de/10011290062
We study private communication in social networks prior to a majority vote on two alternative policies. Some (or all … neighbors in the social network prior to the vote. We show theoretically and empirically that communication can undermine … equilibria in which vote recommendations are always truthfully given and followed hinge on the structure of the communication …
Persistent link: https://www.econbiz.de/10011599298
Persistent link: https://www.econbiz.de/10012800412
data from coordination games. The analysis shows that the model fits the data well as it matches the key stylized facts. It …
Persistent link: https://www.econbiz.de/10012608716
, requires the coordination of national contributions. The contributions are managed by elected governments who, in turn, are …
Persistent link: https://www.econbiz.de/10011457585
We perform a controlled experiment to study the welfare effects of competition in a strategic communication environment … competition between senders does not increase the amount of information decision-makers obtain. We find evidence of under-communication …
Persistent link: https://www.econbiz.de/10013463870
The assumptions that subjects hold beliefs and that the chosen actions are not altered by a proper elicitation of these beliefs are widely used in economics. In this paper I experimentally test whether the second assumption is correct. Especially controlling for different game properties, I find...
Persistent link: https://www.econbiz.de/10010487275
, attempts to reduce the global level of greenhouse gases (GHG) by communication of information on social cost of GHG. …
Persistent link: https://www.econbiz.de/10011660390