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change the equilibrium path. Nevertheless, outcomes in the experiment are often inefficient. One explanation is that … bargainers to communicate prior to each stage. A test finds that communication does in fact increase efficiency, although … unevenly, and at the cost of the builder. The study implies that the nature and pattern of communication among bargainers is a …
Persistent link: https://www.econbiz.de/10005765387
laboratory experiment in which subjects lack any private material incentive to report partners’ actions, we find that most …
Persistent link: https://www.econbiz.de/10011333021
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/10010502689
Human communication in organizations often involves a large amount of gossiping about others. Here we study in an … experiment whether gossip affects the efficiency of human interactions. We let subjects play a trust game. Third parties observe …
Persistent link: https://www.econbiz.de/10011452089
networks, such coordination may be very difficult to achieve and may depend on the communication technology and the network … structure. We examine how pre-play communication and clustering within networks affect coordination in a challenging … outcome in our game, but restricted communication (where subjects can only indicate their intended action) is almost entirely …
Persistent link: https://www.econbiz.de/10012006270
networks, such coordination may be very difficult to achieve and may depend on the communication technology and the network … structure. We examine how pre-play communication and clustering within networks affect coordination in a challenging … outcome in our game, but restricted communication (where subjects can only indicate their intended action) is almost entirely …
Persistent link: https://www.econbiz.de/10012024395
Persistent link: https://www.econbiz.de/10011900066
the content of their communication reliably predicts subsequent prices. We find that already the mere mutual agreement to … meet predicts a strong increase in prices. Conversely, express distancing from communication completely nullifies its … otherwise price-increasing effect. Using machine learning, we show that communication only increases prices if it is very …
Persistent link: https://www.econbiz.de/10014543450
Persistent link: https://www.econbiz.de/10013447819
Persistent link: https://www.econbiz.de/10014492098