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Recent experimental studies find excessive truth-telling in strategic information transmission games with conflictive preferences. In this paper, we show that this phenomenon is more pronounced in sender-receiver games where a truthful regulator randomly intervenes. We also establish that...
Persistent link: https://www.econbiz.de/10009306849
This paper deals with the effects of different modes of communication in a costless information transmission environment with multiple senders. To this aim, we present a theoretical and experimental study of three Cheap Talk games, each having two senders and one receiver. The communication of...
Persistent link: https://www.econbiz.de/10012431852
Recent experimental studies find excessive truth-telling in sender-receiver games. We show that this phenomenon is robust to the random intervention of a truthful regulator. In addition, intervention significantly increases the excessive trust of receivers while the overall percentage of...
Persistent link: https://www.econbiz.de/10014172114
Persistent link: https://www.econbiz.de/10013268070
A recent experimental literature focusing on overcoming coordination problems in strategic games points out to the need for incentivizing players to follow third-party recommendations to coordinate on better outcomes. In this paper, we consider finite normal-form games to strengthen the...
Persistent link: https://www.econbiz.de/10012838276
This paper deals with the effects of different modes of communication in a costless information transmission environment with multiple senders. To this aim, we present a theoretical and experimental study of three Cheap Talk games, each having two senders and one receiver. The communication of...
Persistent link: https://www.econbiz.de/10013200017
Persistent link: https://www.econbiz.de/10001238210
We present a theoretical and experimental study of three Cheap Talk games, each having two senders and one receiver. The communication of senders is simultaneous in the first game, sequential in the second game and determined by the receiver in the third game (the Choice Game). We find that the...
Persistent link: https://www.econbiz.de/10015265815
Recent experimental studies find excessive truth-telling and excessive trust in one sender/one receiver cheap talk games with an essentially unique and babbling equilibrium. We extend this setup by adding a second sender into the play and study the behavior of the players both theoretically and...
Persistent link: https://www.econbiz.de/10015236500
Recent experimental studies find excessive truth-telling in strategic information transmission games with conflictive preferences. In this paper, we show that this phenomenon is more pronounced in sender-receiver games where a truthful regulator randomly intervenes. We also establish that...
Persistent link: https://www.econbiz.de/10010500188