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This paper experimentally investigates free-riding behavior on communication cost in a coordination game and finds …
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Games with multiple Nash equilibria are believed to be easier to play if players can communicate. We present a simple model of communication in games and investigate the importance of when communication takes place. Sending a message before play captures talk about intentions, after play...
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messages, on their credibility and on actual play. We run an experiment in a three-player coordination game with Pareto ranked …
Persistent link: https://www.econbiz.de/10010418867
We study the impact of communication on behavior in a two-stage coordination game with asymmetric payoffs. We test … sustain coordination over time and alleviate the inequality induced by the asymmetry of payoffs. Third, communication …
Persistent link: https://www.econbiz.de/10010502689
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than predicted coordination in centralized organizations. We show that the observed deviations disappear when uncertainty …
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higher payoffs in the game when the talk is one-way as the truthful reports facilitate desired coordination. …
Persistent link: https://www.econbiz.de/10011761639
than predicted coordination in centralized organizations. We show that the observed deviations disappear when uncertainty …
Persistent link: https://www.econbiz.de/10011872542