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firm must transfer a large part of the surplus to the inactive firm in order to limit pre-emption. Learning; Pre …-emption; Innovation; New Markets; Project Selection; Entry Costs; Collusion; Private Information; Market Uncertainty …
Persistent link: https://www.econbiz.de/10009409636
We develop a dynamic framework of strategic information transmission through cheap talk in a social network. Privately …
Persistent link: https://www.econbiz.de/10012020319
We study learning by privately informed forward-looking agents in a simple repeated-action setting of social learning …
Persistent link: https://www.econbiz.de/10014263855
information about their costs. We show that cheap talk between the firms cannot transmit any information. However, if the firms …
Persistent link: https://www.econbiz.de/10010292012
information transmission is possible with unmediated communication. …
Persistent link: https://www.econbiz.de/10010307664
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
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of their private information. Hence, it is robust in the sense that it is not affected by errors in specifying these …
Persistent link: https://www.econbiz.de/10010280752
information transmission is possible with unmediated communication. …
Persistent link: https://www.econbiz.de/10010281512
Persistent link: https://www.econbiz.de/10011504686