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also observe that a subject's welfare improves significantly under such cheap talk …
Persistent link: https://www.econbiz.de/10012849211
multi-player coordination game with conflicting preferences. Network structure matters but the interaction between network … coordination and distribution of coordinated outcomes across networks. But, increasing the communication length improves both … efficiency and equity of coordination. In all treatments, coordination is mostly explained by convergence in communication. We …
Persistent link: https://www.econbiz.de/10014200671
The paper analyzes a communication game between a decision-maker and a reputationally concerned expert drawn from a population of informed and uninformed experts. It departs from the literature [e.g. (Ottaviani and Sorensen(2006), Scharfstein and Stein (1990)] by considering the possibility that...
Persistent link: https://www.econbiz.de/10014220230
A privately informed sender may influence the decision maker through an intermediary who is better informed than him. I assume that the objective sender and intermediary pass on their best information, while the biased ones prefer a particular action but also have reputational concerns. I show...
Persistent link: https://www.econbiz.de/10014204670
agents' coordination motive and the negative correlation of their private information causes their reports to become …
Persistent link: https://www.econbiz.de/10011923220
When groups face difficult problems, the voices of experts may be lost in the noise of others' contributions. We present results from a "naturally noisy" setting, a large first-year undergraduate class, in which the expert's voice was "lost" to such a degree that bringing forward even more...
Persistent link: https://www.econbiz.de/10012432144
Within-group communication in competitive coordination games has been shown to increase competition between groups and …
Persistent link: https://www.econbiz.de/10012970700
Social norms of cooperation are studied under several forms of communication. In an experiment, strangers could make public statements before playing a prisoner's dilemma. The interaction was repeated indefinitely, which generated multiple equilibria. Communication could be used as a tool to...
Persistent link: https://www.econbiz.de/10011737254
than predicted coordination in centralized organizations. We show that the observed deviations disappear when uncertainty …
Persistent link: https://www.econbiz.de/10011872542
than predicted coordination in centralized organizations. We show that the observed deviations disappear when uncertainty …
Persistent link: https://www.econbiz.de/10012049311