Serra-Garcia, Marta; van Damme, Eric; Potters, Jan - In: Games and Economic Behavior 73 (2011) 1, pp. 244-261
When truth conflicts with efficiency, can verbal communication destroy efficiency? Or are lies or vagueness used to hide inconvenient truths? We consider a sequential 2-player public good game in which the leader has private information about the value of the public good. This value can be low,...
