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coordination failures that lead to the Condorcet loser paradox. Here, following Myerson and Weber (American Political Science … benefits to coordination exceed the costs of campaigns, (2) the last typical incremental contribution increases the chances of … coordination sufficiently to exceed the cost of the contribution and (3) the next typical incremental contribution would not have …
Persistent link: https://www.econbiz.de/10014208332
. This may increase welfare indirectly by helping voters avoid coordination failures. In laboratory elections, we study … benefits of coordination exceeded the costs. Further, benefits of typical incremental contributions exceeded costs ex …
Persistent link: https://www.econbiz.de/10014208702
This paper experimentally investigates free-riding behavior on communication cost in a coordination game and finds … strong indications of such free-riding. Firstly, the subjects wait for others to send a message when communication is costly …, which does not happen when communication is costless. Secondly, the proportion of games where no communication or one …
Persistent link: https://www.econbiz.de/10010690512
regime. Without communication, efficient coordination is impossible in this environment. We study how communication between … citizens can facilitate efficient coordination. We model communication that is frequent, non-binding, and may be censored …We study a coordination game of incomplete information in which only a coordinated attack would succeed in toppling a …
Persistent link: https://www.econbiz.de/10012967223
Misrepresenting private information is often costly. This paper studies a model of strategic information transmission based on Crawford and Sobel (1982)(CS), but with a signaling dimension where there is a convex cost of misreporting. I identify a simple condition, called No Incentive to...
Persistent link: https://www.econbiz.de/10014062048
Austen-Smith and Banks (Journal of Economic Theory, 2000) study how money burning can expand the set of pure cheap talk equilibria of Crawford and Sobel (Econometrica, 1982). This note identifies an error in the main Theorem of Austen-Smith and Banks, and provides a variant that preserves some...
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