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We provide a game theoretic analysis of how power shapes the clarity of communication. We analyze information transmission in a cheap talk bargaining game between an informed Sender and an uninformed Receiver. Theoretically, we find that the maximum amount of information that can be transmitted...
Persistent link: https://www.econbiz.de/10010325901
Abstract: In the dynamic game we analyze, players are the members of a ?xed network. Everyone is initially endowed with an information item that he is the only player to hold. Players are offered a ?nite number of periods to centralize the initially dispersed items in the hands of any one member...
Persistent link: https://www.econbiz.de/10010334059
how top German economists use social media to inform society on political and economic issues, debates and opinions. On …
Persistent link: https://www.econbiz.de/10011896718
We study a communication game of common interest in which the sender observes one of infinite types and sends one of finite messages which is interpreted by the receiver. In equilibrium there is no full separation but types are clustered into convex categories. We give a full characterization of...
Persistent link: https://www.econbiz.de/10010272564
In a public goods experiment, subjects can vary over a period of stochastic length two contribution levels: one is publicly observable (their cheap talk stated intention), while the other is not seen by the others (their secret intention). When the period suddenly stops, participants are...
Persistent link: https://www.econbiz.de/10010275033
Ziel dieses Forschungsvorhabens war es, Erfolgsfaktoren für das unternehmerische Krisenmanagement zu ermitteln. Die Forschungshypothese "In der Krise beweist sich der Charakter" hat sich insofern bestätigt, als deutlich wurde, dass auf der einen Seite die Persönlichkeit des...
Persistent link: https://www.econbiz.de/10012670478
costs dramatically reduce message use, but efficient coordination of actions occurs with similar frequency to that observed … forgoing the use of reasonably costly optional messages is substantial from the first period, is remarkably stable at that …
Persistent link: https://www.econbiz.de/10011282459
We develop a model of policy communication by aid agencies, NGOs and intergovernmental organizations and we show how the need for fundraising affects the policy communication strategy of these organizations. To attract more funds, organizations may bias their communication. The bias depends on...
Persistent link: https://www.econbiz.de/10010313330
optional and costly. Even small costs dramatically reduce message use, but efficient coordination of actions occurs with …
Persistent link: https://www.econbiz.de/10010316867
the same setting. We characterize strict Nash equilibria as distorted Voronoi languages that use all messages. For large …
Persistent link: https://www.econbiz.de/10010319996