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expert’s ability to exaggerate, multidimensional cheap talk of this form permits communication when it would not be credible … in a single dimension. The communication gains can be substantial with even a couple of issues, and the complete ranking …
Persistent link: https://www.econbiz.de/10005795886
We analyze the performance of various communication protocols in a generalization of the Crawford-Sobel (1982) model of … possible that informative communication with one or both receivers is impossible in private, but possible in public. When the … by public communication with the flexibility provided by private communication and transmit more information to the …
Persistent link: https://www.econbiz.de/10010291984
We analyze the performance of various communication protocols in a generalization of the Crawford-Sobel (1982) model of … possible that informative communication with one or both receivers is impossible in private, but possible in public. When the … by public communication with the flexibility provided by private communication and transmit more information to the …
Persistent link: https://www.econbiz.de/10003772300
Consider a society where ethnic conflict is imminent due to people's belief about the state of the world. An `informed agent' is a player who has private information about the state. We analyze whether the informed agent can achieve peace by sending private messages to the players. If the...
Persistent link: https://www.econbiz.de/10012904240
The effects of pre-play communication in a coordination game with incomplete information about players' intensity of … preferences are compared to no communication controls. Pre-play communication significantly increases subjects' payoffs and the … probability of coordination, while reducing miscoordination. This results from communication being largely informative, in …
Persistent link: https://www.econbiz.de/10012922707
The aim of this paper is to explain the relevance of the theory of indirect communication strategy and negotiating … conflict. Based on Thomas Schelling illustrates indirect communication cases: bribery and threats. It shows that both bribery … also contributes to the theory of strategic games very different from zero. Indirect communication is a fundamental basis …
Persistent link: https://www.econbiz.de/10014200330
action than a player with lesser damage. Furthermore, we examine cheap-talk communication equilibria with the extremist. The … not exist any other communication equilibrium for either kind of extremist, for any other combination of player types …
Persistent link: https://www.econbiz.de/10014093382
the two contrasting forms of communication, we find that the average agreed prices of the two treatments are identical …
Persistent link: https://www.econbiz.de/10014356737
Persistent link: https://www.econbiz.de/10002071407
into categories by value, can be credible even when interests are too opposed to support communication along any single …, thereby precluding any possibility of exaggeration. The communication gains from ordinal cheap talk can be substantial with …
Persistent link: https://www.econbiz.de/10005795951