Showing 1 - 10 of 17,722
coordination by playing the recommended strategies. However, coordination and following recommendations vary significantly among …
Persistent link: https://www.econbiz.de/10010547018
that coordination and following recommendations vary significantly among our treatments. We explain these differences by …
Persistent link: https://www.econbiz.de/10010607547
coordination and distribution of coordinated outcomes across networks. But increasing the communication length improves both … efficiency an equity of coordination. In all treatments, coordination is mostly explained by convergence in communication. We …We study experimentally how the network structure and length of pre-play communication affect behavior and outcome in a …
Persistent link: https://www.econbiz.de/10008587475
This paper examines how third-party surveillance influences preferences over distributional outcomes. In addition, we examine what motivates people to invest economic resources to monitor decision-making processes. Our results show that a large majority of individuals is willing to pay for a...
Persistent link: https://www.econbiz.de/10011201869
We consider a cheap-talk setting that mimics the situation where an incumbent firm the sender is endowed with … achieved without any communication. The reason is that receivers fail to optimally translate the information received in their …
Persistent link: https://www.econbiz.de/10010734891
.e., a turnaround. We compare communication from leaders to incentive increases and also compare the effectiveness of … randomly selected and elected leaders. While all interventions yield shifts to more efficient equilibria, communication from …
Persistent link: https://www.econbiz.de/10010851357
in a cheap-talk game. We find evidence of the "disciplining" effect of public communication as compared to private … strategic thinking when communication is public. Using the level-k model, we exploit the within subject design to show how … individuals decrease their level-k in public communication. Surprisingly, we find that individuals become more sophisticated when …
Persistent link: https://www.econbiz.de/10010817403
When truth conflicts with efficiency, can verbal communication destroy efficiency? Or are lies or vagueness used to … prisoners’ dilemma. Without verbal communication, efficiency is achieved, with contributions for high or intermediate values …. We show experimentally that, when communication about the value must be precise, the leader frequently lies, preserving …
Persistent link: https://www.econbiz.de/10011091313
other hand the decision makers rely too much on the received information. Moreover, communication as well as payoffs … communication is less biased. In all treatments, however, the messages are more precise than theoretically predicted. …
Persistent link: https://www.econbiz.de/10010884477
.e., a turnaround. We compare communication from leaders to incentive increases and also compare the effectiveness of … randomly selected and elected leaders. While all interventions yield shifts to more efficient equilibria, communication from …
Persistent link: https://www.econbiz.de/10010836458