Showing 1 - 10 of 9,654
We examine the possibilities for communication between agents with divergent preferences in a noisy environment. Taking … Crawford and Sobel’s [4] (noiseless) communication game as a reference point, we study a model in which there is a probability … actions. Surprisingly, the possibility of error can improve the prospects for communication. We show that for small noise …
Persistent link: https://www.econbiz.de/10005750745
This paper shows that the efficiency bound for communication equilibria identified by Goltsman et al. (2009) in the …
Persistent link: https://www.econbiz.de/10011049785
We compare signaling by words and actions in a one-shot 2-person public good game with private information. The informed player, who knows the exact return from contributing, can signal by contributing first (actions) or by sending a costless message (words). Words can be about the return or...
Persistent link: https://www.econbiz.de/10011092715
communication games do not yield equilibria which (ex ante) outperform delegation. Referring to multiple experts allow the decision …-maker to obtain more information. However, this information can never be perfect, and sophisticated communication games, for … instance with multilateral, multistage communication, do not outperform simple communication methods. …
Persistent link: https://www.econbiz.de/10011166548
We compare communication about private information to communication about actions in a one- shot 2-person public good …
Persistent link: https://www.econbiz.de/10011091836
We provide a game theoretic analysis of how power shapes the clarity of communication. We analyze information … by an experiment. Finally, we show how partial information transmission can lead to communication failure, and show how …
Persistent link: https://www.econbiz.de/10011256036
Shafer's evidence theory is a branch of the mathematics of uncertain reasoning that allows for novel possibilities to be conceived by a decision-maker. Many of its findings exhibit striking similarities with an alternative decision theory purported by Shackle in the 1950s, before expected...
Persistent link: https://www.econbiz.de/10005125582
This paper presents an experimental investigation of how a systematic variation in the cognitive demands on subjects affects the optimal play. The innovation of this paper is the choice of a game, which we call the Game of Position. This is a two-player zero-sum game characterized by a...
Persistent link: https://www.econbiz.de/10005434799
This paper proposes a dynamic model of bargaining to analyze decentralized markets where buyers and sellers obtain information about past deals through their social network. There is a unique equilibrium outcome which depends crucially on the peripheral (least connected) individuals in each...
Persistent link: https://www.econbiz.de/10010890020
This paper investigates the effect of different communication channels on promise-making and promise-keeping in a … helping situation. Four treatments differ with respect to the communication channel employed to solicit unincentivized … cooperation, i.e., face-to-face, phone call and two different sorts of computer-mediated communication. The less anonymous (face …
Persistent link: https://www.econbiz.de/10010959794