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This paper experimentally investigates free-riding behavior on communication cost in a coordination game and finds … strong indications of such free-riding. Firstly, the subjects tend to wait for others to send a message when communication is … costly, which does not happen when communication is costless. Secondly, the proportion of games where no communication takes …
Persistent link: https://www.econbiz.de/10008548988
This paper explores experimentally the effects of costly communication possibilities in market entry games. It is shown …, communication possibilities increase coordination success substantially and are likely to generate inferior outcomes for consumers … players as a substitute to communication. It is also shown that although communication opens up for aggressive market …
Persistent link: https://www.econbiz.de/10005645111
It is well known that communication often serves as a facilitator for cooperation in static games. Yet, communication … can serve entirely different purposes in dynamic settings as communication during the game may work as a means for … investigates cooperation and non-binding communication in a two-stage game. More specifically, two treatments are considered: one …
Persistent link: https://www.econbiz.de/10005645215