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We conduct an experiment in which groups are tasked with evaluating the truth of a set of politically relevant facts and statements, and we investigate whether communication improves information aggregation and the accuracy of group decisions. Our findings suggest that the effect of...
Persistent link: https://www.econbiz.de/10014495051
Persistent link: https://www.econbiz.de/10005553487
Almost all institutions within modern democracies depend on a mix of communication and competition. However, most formal theory and experimental evidence ignores one of these two features. We present a formal theory of communicative competition in which senders vary in their aversion to lying,...
Persistent link: https://www.econbiz.de/10011135377