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Communication has been regarded as one of the most effective devices in promoting team cooperation. But asymmetric … communication sometimes breeds collusion and is detrimental to team efficiency. Here, we present experimental evidence showing that … excluding one member from team communication hurts team cooperation: the communicating partners collude in profit allocation …
Persistent link: https://www.econbiz.de/10011912001
We study how different forms of communication influence the inflation expectations of individuals in a randomized …
Persistent link: https://www.econbiz.de/10011958866
Using experimental methods, this paper investigates the limits of communication and leadership in aiding group … communication and leadership are expected to help in coordinating on such an equilibrium. We consider an environment in which the …
Persistent link: https://www.econbiz.de/10011318403
preventive wars when the power shift is smaller and when the rising state has the commitment power. Communication and repeated …
Persistent link: https://www.econbiz.de/10012801942
We study a seller's optimal mechanism for maximizing revenue when a buyer may present evidence relevant to her value. We show that a condition very close to transparency of buyer segments is necessary and sufficient for the optimal mechanism to be deterministic--hence akin to classic third...
Persistent link: https://www.econbiz.de/10011673357
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. This article surveys a rapidly-growing literature on central bank communication with the public. We first discuss why and … how such communication is more challenging than communicating with expert audiences. Then we survey the empirical evidence …
Persistent link: https://www.econbiz.de/10013329414
during the 2007-10 financial crisis. The findings suggest that financial stability communication by central banks are … perceived by markets to contain relevant information, and they underline the importance of differentiating between communication …
Persistent link: https://www.econbiz.de/10009003440