experiments, using both students and managers as subjects. Communication is implemented by two different devices, a 'standardized-communication … triopoly. Moreover, managers behave in a similar way under the two communication devices, while students are more influenced by … the free-communication than by the standardized-communication device. In addition, managers select lower aggregate …

experiments, using both students and managers as subjects. Communication is implemented by two different devices, a 'standardized-communication … triopoly. Moreover, managers behave in a similar way under the two communication devices, while students are more influenced by … the free-communication than by the standardized-communication device. In addition, managers select lower aggregate …

, and Malaysian managers. While German students play Nash, we reject the hypothesis that both Malaysian students and … managers select the Nash quantity. Moreover, Malaysian managers perform significantly less competitively than Malaysian …

, and Malaysian managers. While German students play Nash, we reject the hypothesis that both Malaysian students and … managers select the Nash quantity. Moreover, Malaysian managers perform significantly less competitively than Malaysian …

experiments, using both students and managers as subjects. Communication is implemented by two different devices, a ‘standardized-communication … triopoly. Moreover, managers behave in a similar way under the two communication devices, while students are more influenced by … the free-communication than by the standardized-communication device. In addition, managers select lower aggregate …

We study communication in a static Cournot duopoly model under the assumption that the firms have unverifiable private … can communicate through a third party, communication can be informative even when it is not substantiated by any … commitment or costly actions. We exhibit a simple mechanism that ensures informative communication and interim Pareto dominates …

We study communication in a static Cournot duopoly model under the assumption that the firms have unverifiable private … can communicate through a third party, communication can be informative even when it is not substantiated by any … commitment or costly actions. We exhibit a simple mechanism that ensures informative communication and interim Pareto dominates …