Search Results - subject:"cheaptalk"

Heller, Yuval - Volkswirtschaftliche Fakultät, … - 2005

cheap-talk protocols. We construct a universal cheap-talk protocol (a polite protocol that uses only 2-player private … equilibria can be implemented as Nash equilibria in the extended game with cheap-talk. Furthermore, we demonstrate that in … general there is no cheap-talk protocol that is resistant for deviations of half the players. …

Persistent link: https://www.econbiz.de/10005037747

When second opinions hurt: A model of expert advice under career concerns

Liu, Yaozhou Franklin; Sanyal, Amal - In: Journal of Economic Behavior & Organization 84 (2012) 1, pp. 1-16

We develop a reputational cheap talk model where the principal can cancel an action initially started on the advice of an expert if she gets some unfavorable interim news. But if the status quo is reinstated, the principal is unable to verify the true state of the world. In the model, experts...

Persistent link: https://www.econbiz.de/10010594630

Communication, correlation and cheap-talk in games with public information

Heller, Yuval; Solan, Eilon; Tomala, Tristan - In: Games and Economic Behavior 74 (2012) 1, pp. 222-234

unmediated cheap-talk procedures. The result encompasses repeated games and stochastic games. …

Persistent link: https://www.econbiz.de/10010597544

Third Party Assessments in Trust Problems with Conflict of Interest: An Experiment on the Effects of Promises

Kataria, Mitesh; Winter, Fabian - Wirtschaftswissenschaftliche Fakultät, … - 2012

Is it possible to elicit reliable assessment from an assessor with conflict of interest (e.g. a professor that writes a recommendation letter for a formal PhD student)? We propose an experimental test and show that compared to a not-incentivized assessment, a promise to give a truthful...

Persistent link: https://www.econbiz.de/10010616572

Authority and communication in the laboratory

Lai, Ernest K.; Lim, Wooyoung - In: Games and Economic Behavior 74 (2012) 2, pp. 541-560

We report findings from experiments on two delegation–communication games. An uninformed principal chooses whether to fully delegate her decision-making authority to an informed agent or to retain the authority and communicate with the agent via cheap talk to obtain decision-relevant...

Persistent link: https://www.econbiz.de/10011049784

When second opinions hurt : a model of expert advice under career concerns

Liu, Yaozhou Franklin; Sanyal, Amal - In: Journal of economic behavior & organization : JEBO 84 (2012) 1, pp. 1-16

Persistent link: https://www.econbiz.de/10009697942

Delegation in a Cheap-Talk Game: A Voting Example

Sengupta, Kunal; Sanyal, Amal - Econometric Society - 2004

particular, can an agent increase her payoff in a cheap-talk game by delegating to others to play on her behalf? This paper shows …

Persistent link: https://www.econbiz.de/10005130238

Arms Races and Negotiations

Baliga, Sandeep; Sjostrom, Tomas - School of Social Science, Institute for Advanced Study - 2001

small, then there is an equilibrium of the cheap-talk extension of the arms race game where the probability of an arms race …

Persistent link: https://www.econbiz.de/10005350034

Leading by Words: A Voluntary Contribution Experiment With One-Way Communication

Koukoumelis, Anastasios; Levati, M. Vittoria; Weisser, … - Wirtschaftswissenschaftliche Fakultät, … - 2009

In this paper, we study a voluntary contribution mechanism with one-way communication. The relevance of one person's words is assessed by assigning exogenously the role of the "communicator" to one group member. Contrary to the view that the mutual exchange of promises is necessary for the...

Persistent link: https://www.econbiz.de/10008487842

A Theory of Partially Directed Search

Menzio, Guido - Department of Economics, University of Pennsylvania - 2007

This paper studies a search model of the labor market where firms have private information about the quality of their vacancies, they can costlessly communicate with unemployed workers before the beginning of the application process, but the content of the communication does not constitute a...

Persistent link: https://www.econbiz.de/10005102077