Speculative Attacks can be modelled as a coordination game with multiple equilibria if the state of the economy is …

In a coordination game such as the Battle of the Sexes, agents can condition their plays on external signals that can … are rare. Thus, even in a world of simple learning agents, coordination behavior can take on some surprising forms. …

Individuals and two-person teams play a hidden - action trust game with pre - play communication. We replicate previous …

We design experimental games to evaluate the predictive power of the first cheap‐talk refinement, neologism …

in a cheap-talk game. We find evidence of the “disciplining” effect of public communication as compared to private … strategic thinking when communication is public. Using the level-k model, we exploit the within subject design to show how … individuals decrease their level-k in public communication. Surprisingly, we find that individuals become more sophisticated when …

We studied how communication media affect trust game play. Three popular media were considered: traditional face …-to-face, Facebook groups, and anonymous online chat. We considered post-communication changes in players' expectations and preferences …, and further analyzed the contents of group communications to understand the channels though which communication appears to …

This paper compares the effects of two leadership styles: leading by pre-game communication and leading by example … using an iterated voluntary contribution game. We find that pre-game communication increases the level of individual …-game communication. We also find that the content of pre-game communication has a higher impact on individual decisions than the ex post …