Showing 71 - 80 of 175,331
Persistent link: https://www.econbiz.de/10002043923
Persistent link: https://www.econbiz.de/10000921696
Persistent link: https://www.econbiz.de/10001733064
Persistent link: https://www.econbiz.de/10001651918
We study the simultaneous move version of a coordination game in which failures arise due to the use (and fear) of … weakly dominated strategies. Existing evidence shows neither cheap talk communication between players nor historical …-talk communication. We find oath significantly improves the truthfulness of messages sent, as well as helps eliminating weakly dominated …
Persistent link: https://www.econbiz.de/10013113768
This paper proposes a new communication protocol in coordination games with binary actions and Pareto-ranked equilibria … the payoff-dominant action in the second period if and only if everyone else waited. That is, efficient coordination is … introduction of the delay option significantly promotes efficient coordination …
Persistent link: https://www.econbiz.de/10012838087
Within-group communication in competitive coordination games has been shown to increase competition between groups and … lower efficiency. This study further explores potentially harmful effects of communication, by addressing the questions of … (i) asymmetric communication and (ii) the endogenous emergence of communication. Our theoretical analysis provides …
Persistent link: https://www.econbiz.de/10012970700
We study the impact of communication on behavior in a two-stage coordination game with asymmetric payoffs. We test … sustain coordination over time and alleviate the inequality induced by the asymmetry of payoffs. Third, communication …
Persistent link: https://www.econbiz.de/10013024891
We study the impact of communication on behavior in a two-stage coordination game with asymmetric payoffs. We test … sustain coordination over time and alleviate the inequality induced by the asymmetry of payoffs. Third, communication …
Persistent link: https://www.econbiz.de/10013024900
Persistent link: https://www.econbiz.de/10012546704