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signals about the state of nature. A hierarchy is defined in terms of authority and the amount of communication allowed and it …
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-talk communication raises efficiency in bilateral contracting situations with adverse selection. We replicate their finding and check its … robustness by introducing competition between agents. We find that communication and competition act as "substitutes …:" communication raises efficiency in the absence of competition but lowers efficiency with competition, and competition raises …
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One can study communications by using Shannon's (1948) mathematical theory of communication. In social communications …, however, the channels are not "fixed", but themselves subject to change. Communication systems change by communicating … information to related communication systems; co-variation among systems if repeated over time, can lead to co …
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inquire, (4) How do the three social science disciplines of Communication, Information Systems, and Management compare in … intersection of these three fields to ask what researchers in general, and communication scholars in particular, might begin to …
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We enrich the Crawford and Sobel (1982) model of strategic communication between an informed sender and an uninformed …
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We enrich a cheap-talk game between an informed sender and an uninformed receiver by adding repeated interactions and voluntary transfer payments. Transfers play two roles here: they motivate the receiver's decision-making and signal the sender's information. Although full separation can always...
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