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This paper deals with the effects of different modes of communication in a costless information transmission environment with multiple senders. To this aim, we present a theoretical and experimental study of three Cheap Talk games, each having two senders and one receiver. The communication of...
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Recent experimental studies find excessive truth-telling in sender-receiver games. We show that this phenomenon is robust to the random intervention of a truthful regulator. In addition, intervention significantly increases the excessive trust of receivers while the overall percentage of...
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Conditional commitment devices such as price matching guarantees or legal contracts can be highly efficient and improve the outcomes for involved parties. In the context of public goods, however, empirical evidence on the cooperation-enhancing effect of conditional commitments is scarce. In this...
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