findings highlight the fragility of cheap-talk communication and may serve as a guide to refine existing behavioral theories …Charness and Dufwenberg (American Economic Review, June 2011, 1211-1237) have recently demonstrated that cheap-talk … communication raises efficiency in bilateral contracting situations with adverse selection. We replicate their finding and check its …

, thus linking game theoretic approaches to randomness in communication with survey practice in the field and a novel …

coordination problems. We conduct experiments under various conditions which control for salient labeling and learning dynamics …. Contrary to previous experiments, we find that coordination on non-empty Strict Nash equilibria is not an easy task for … significantly helps coordination, but only when subjects are pre-instructed to think of the wheel network as a reasonable way to …

We examine communication in a 2-player sequential public good game in which the leader has private information about … deciding whether or not to contribute. Without communication, the unique equilibrium is fully efficient. We study whether the … introduction of communication about returns can destroy efficiency. Communication can be precise (about the exact return), or vague …

function of the information-theoretic capacity of the communication channel …