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We study the interaction of the effects of the strategic environment and communication on the observed levels of … substitutes disappears. A machine-assisted natural language processing approach shows how the content of communication is …
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more rational deciders than individuals. However, superior group performance in economic experiments has primarily been … shown for face-toface decision making, which has ceased to be the prevalent form of communication in many IT …-based organizations. To test the robustness of higher group rationality under conditions of virtual communication, we conduct a social …
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total offered quantity from near the Cournot level (observed in the absence of communication) halfway toward the monopoly … bargaining advantage from open communication that all of the gains from monopolizing the market accrue to them. A simple …-known commitment problem by introducing communication. Allowing the upstream firm to chat privately with each downstream firm reduces …
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