how communication mitigates this free-riding problem in an investment-timing game. In our baseline investment-timing game …. If more investors invest at the same time, they share the costs. In the communication treatment, subjects can freely … communicate before choosing the investment time. We find that in groups of two players, communication increases cooperation and …

auction is beneficial to the buyer compared to no communication and ex-ante communication. In a setting where the buyer and … the winning supplier have misaligned interests regarding the terms, the buyer benefits from ex-ante communication relative … to no communication and ex-post communication. Our experimental data provide strong evidence for the predictions in the …

We provide a game theoretic analysis of how power shapes the clarity of communication. We analyze information … by an experiment. Finally, we show how partial information transmission can lead to communication failure, and show how …

-binding price requests. Using a laboratory experiment, we examine how competition moderates the way such cheap-talk communication … granularity effects of cheap-talk communication on negotiation outcomes. Our results show that most of these effects survive with …