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Individuals and two-person teams play a hidden - action trust game with pre - play communication. We replicate previous results for individuals that non-binding promises increase cooperation rates. But this does not extend to teams. Wh ile teams make non-binding promises to cooperate at the same...
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The effects of pre-play communication in a coordination game with incomplete information about players' intensity of preferences are compared to no communication controls. Pre-play communication significantly increases subjects' payoffs and the probability of coordination, while reducing...
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We report the results of an experimental investigation of the Baron and Ferejohn (1989) model of legislative bargaining with cheap talk. Communication results in substantially increased proposer power, close to the stationary subgame perfect equilibrium prediction. This is achieved primarily...
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