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Persistent link: https://www.econbiz.de/10011383876
It is found that the “Theory of Moves” is adequate in a Cold War scenario, with functionally equal participants, such as the Cuban Missile Crisis. The destabilization of normal incentive systems, under power and information asymmetry, is what prevents an equilibrium from being reached, as...
Persistent link: https://www.econbiz.de/10010965563
In many firms, production requires the division of staff into teams. If only team performance is observable, moral hazard in teams is inevitable. This variant of moral hazard can be overcome or exacerbated by the interpersonal relationships among team members. I investigate how the division of...
Persistent link: https://www.econbiz.de/10011773831
Modern communication technologies enable efficient exchange of information, but often sacrifice direct human … interaction inherent in more traditional forms of communication. This raises the question of whether the lack of personal … that self-selection into communication channels can be used to screen for dishonest people. …
Persistent link: https://www.econbiz.de/10011825233
We consider a committee voting setup with two rounds of voting where committee members who possess private information about the state of the world have to make a binary decision. We investigate incentives for truthful revelation of their information in the first voting period. Coughlan (2000)...
Persistent link: https://www.econbiz.de/10011430746
function of the information-theoretic capacity of the communication channel …
Persistent link: https://www.econbiz.de/10012106139
A central assumption of the canonical cheap talk literature is that people misreport their private information if this is to their material benefit. Recent evidence from laboratory experiments with student subjects suggests, however, that while many people do report the payoff-maximizing...
Persistent link: https://www.econbiz.de/10009634327
signals in the way that they suspect others are doing it. Consequently, the negative impact of public communication noted by … public signal at all, which suggests that there is a scope to "obliterate" public communication in a specific way, by making …, desirability for such obliteration and non-commonality of signals' understanding. -- transparency ; central bank communication …
Persistent link: https://www.econbiz.de/10009742337
In this paper, I offer a theoretical explanation of the robust gender differences in educational achievement distributions of school children. I consider a shot cheap talk game with two different types of senders (biased teachers and fair teachers), two types of receivers ("normal" and "special"...
Persistent link: https://www.econbiz.de/10003324339
This article reveals, by studying correlative relationships between US regime support and regime properties, that the US foreign policy in the Middle East has traditionally helped governments to limit the political participation of Islamists, communists, enemies of Israel and populations that...
Persistent link: https://www.econbiz.de/10011154562