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Social norms of cooperation are studied under several forms of communication. In an experiment, strangers could make … equilibria. Communication could be used as a tool to either signal intentions to coordinate on Pareto-superior outcomes, to … deceive others, or to credibly commit to actions. Some forms of communication did not promote the incidence of efficient Nash …
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experiment, while coordination failures emerge in the following periods sweeping away the beneficial effect of communication at … others creating socially suboptimal outcomes. We investigate if and how communication mitigates the strategic delay in … introducing communication into this setting reduces strategic delay. We implement our model in a laboratory experiment utilizing a …
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communication, we also find systematic deviations from optimal behavior in how the communicated information is used. Specifically … than predicted coordination in centralized organizations. We show that the observed deviations disappear when uncertainty …
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communication, we also find systematic deviations from optimal behavior in how the communicated information is used. Specifically … than predicted coordination in centralized organizations. We show that the observed deviations disappear when uncertainty …
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higher payoffs in the game when the talk is one-way as the truthful reports facilitate desired coordination. …
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