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This paper investigates how different message structures impact communication strategy as well as sender and receiver … behavior. Specifically, we focus on comparing communication games with messages stating an intention versus a request. Our …
Persistent link: https://www.econbiz.de/10012432600
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Unfavorable news are often delivered under the disguise of vagueness. Our theory-driven laboratory experiment investigates this strategic use of vagueness in voluntary disclosure and asks whether there is scope for policy to improve information transmission. We find that vagueness is profitably...
Persistent link: https://www.econbiz.de/10013191455
We study communication in a two-player coordination game with Pareto-ranked equilibria. Prior research demonstrates … that efficient coordination is difficult without communication but obtains regularly with (mandatory) costless pre … communication. Consistent with the introspective character of GW-FI, the fraction of players who achieve efficient coordination by …
Persistent link: https://www.econbiz.de/10009358877
Persistent link: https://www.econbiz.de/10011872374
We examine communication in a 2-player sequential public good game in which the leader has private information about … deciding whether or not to contribute. Without communication, the unique equilibrium is fully efficient. We study whether the … introduction of communication about returns can destroy efficiency. Communication can be precise (about the exact return), or vague …
Persistent link: https://www.econbiz.de/10013038656
We examine communication in a two-player coordination game with Pareto-ranked equilibria. Prior research demonstrates … that efficient coordination is difficult without communication but obtains regularly with (mandatory) costless pre … costs, explicit communication may be unnecessary for efficient coordination; instead, players simply need to know that the …
Persistent link: https://www.econbiz.de/10009740154
We study communication in a two-player coordination game with Pareto-ranked equilibria. Prior research demonstrates … that efficient coordination is difficult without communication but obtains regularly with (mandatory) costless pre … communication. Consistent with the introspective character of GW-FI, the fraction of players who achieve efficient coordination by …
Persistent link: https://www.econbiz.de/10014042214
×2 games. One-way communication weakly increases coordination on Nash equilibrium outcomes, although average payoffs sometimes … of symmetric 2×2 games, we find that communication facilitates coordination in common interest games with positive … spillovers and strategic complementarities, but there are also games in which any type of communication hampers coordination …
Persistent link: https://www.econbiz.de/10003586295
characterize the set of equilibria of coordination games with pre-play communication in which players have private preferences over …An equilibrium is communication-proof if it is unaffected by new opportunities to communicate and renegotiate. We … the feasible coordinated outcomes. Communication-proof equilibria provide a narrow selection from the large set of …
Persistent link: https://www.econbiz.de/10013210917