networks, such coordination may be very difficult to achieve and may depend on the communication technology and the network … structure. We examine how pre-play communication and clustering within networks affect coordination in a challenging … outcome in our game, but restricted communication (where subjects can only indicate their intended action) is almost entirely …

This paper sheds new light on the role of communication for cartel formation. Using machine learning to evaluate free …-form chat communication among firms in a laboratory experiment, we identify typical communication patterns for both explicit … sanctions on communication reinforces the direct cartel-deterring effect of sanctions as collusion is more difficult to reach …

the countries' authorities, openness, and transparency, consistently with the theory. …

This paper characterizes geometrically the set of all Nash equilibrium payoffs achievable with unmediated communication …

In this paper we revisit the influential theory of monopolistic competition and optimum product variety as developed by …

system. Given this backdrop, this study introduces a new measure of energy diversification. It explores its impact on … economic growth with increasing long-run energy diversification. However, some countries (OECD and G20) experience negative … economic growth due to energy diversification in the short term. The results also disclosed that energy diversification does …

. In the longer run, however, a trade-off between diversification and climate action emerges. We derive the optimal carbon …