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In games with costless preplay communication, some strategies are more complex than others in the sense that they …, which is argued to be a natural solution concept for communication games, is modified to take lexicographic complexity … preferences into account, then for a class of games of common interest only communication strategies that induce payoff …
Persistent link: https://www.econbiz.de/10014206434
This chapter serves as the overview to all of the chapters in the book on the use of different media and technology as part of negotiation. How do we make sense of all our options? The authors argue that knowing your “default”, while understanding your counterpart and the context, is...
Persistent link: https://www.econbiz.de/10014116270
Costless and non-binding pre-play communication (cheap talk) has been found to often be effective in achieving …
Persistent link: https://www.econbiz.de/10014122582
This paper studies the problem of information revelation in a multi-stage tournament where the agents' effort in each stage gives rise to a stochastic performance signal privately observed by the principal. The principal controls the agents' effort incentive through the use of a a feedback...
Persistent link: https://www.econbiz.de/10014084853
In this paper, I suggest a new experimental method for measuring (dis)honest information transmission. Subjects play a variant of the dictator game in which the dictator’s decision whether to lie (either to or against his advantage) or whether to be honest, when communicating private...
Persistent link: https://www.econbiz.de/10014144845
We present a model of persuasive signalling, where a privately-informed sender selects from a class of signals with different precision to persuade a receiver to take one of two actions. The sender's information could be either favourable or unfavourable. The receiver observes both the sender's...
Persistent link: https://www.econbiz.de/10013038885
. Private information is (conditionally) correlated across players, and communication is cheap talk. We show that with two …
Persistent link: https://www.econbiz.de/10012987832
This paper studies how the outcome of Bayesian persuasion depends on the information available to Sender. I study a game in which Designer restricts the most informative signal Sender can generate. In the binary action case, I consider arbitrary preferences of Designer and characterize all...
Persistent link: https://www.econbiz.de/10012912855
This paper reports on experiments testing the viability of markets for cheap talk information. We find that the poor quality of the information transmitted leads to a collapse of information markets. The reasons for this are surprising given the previous experimental results on cheap-talk games....
Persistent link: https://www.econbiz.de/10012917514
' opinions into his/her own decision-making, affects the precision of communication with experts when communication is strategic … private information. We demonstrate that the precision of communication with one expert monotonously increases in sensitivity … communication with the other expert is not necessarily negative and is dependent on the heterogeneity in type distributions of all …
Persistent link: https://www.econbiz.de/10012910890