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Pre-play communication with forgone costly messages : experimental evidence on forward induction

Blume, Andreas; Kriss, Peter H.; Weber, Roberto A. - 2014 - Revised version, September 2014

We study communication in a two-player coordination game with Pareto-ranked equilibria. Prior research demonstrates … that efficient coordination is difficult without communication but obtains regularly with (mandatory) costless pre …-play messages. In a laboratory experiment, we modify communication by making the sending of messages optional and costly. Even small …

Persistent link: https://www.econbiz.de/10010402605

Pre-play communication with forgone costly messages : experimental evidence on forward induction

Blume, Andreas; Kriss, Peter H.; Weber, Roberto A. - 2016

We experimentally study optional costly communication in Stag-Hunt games. Prior research demonstrates that efficient … coordination is difficult without a communication option but obtains regularly with mandatory costless pre-play messages. We find … that even small communication costs dramatically reduce message use when communication is optional, but efficient …

Persistent link: https://www.econbiz.de/10011492032

Legitimacy, communication, and leadership in the turnaround game

Brandts, Jordi; Cooper, David J.; Weber, Roberto A. - In: Management science : journal of the Institute for … 61 (2015) 11, pp. 2627-2645

Persistent link: https://www.econbiz.de/10011409116

Public discourse and socially responsible market behavior

Bartling, Björn; Valero, Vanessa; Weber, Roberto A.; … - 2020

We investigate the causal impact of public discourse on socially responsible market behavior. We conduct laboratory market experiments with products that differ in their production costs and social impact, and provide market actors and impacted third parties with the opportunity to discuss...

Persistent link: https://www.econbiz.de/10012263682