Communication has been regarded as one of the most effective devices in promoting team cooperation. But asymmetric … communication sometimes breeds collusion and is detrimental to team efficiency. Here, we present experimental evidence showing that … excluding one member from team communication hurts team cooperation: the communicating partners collude in profit allocation …

Using experimental methods, this paper investigates the limits of communication and leadership in aiding group … communication and leadership are expected to help in coordinating on such an equilibrium. We consider an environment in which the …

preventive wars when the power shift is smaller and when the rising state has the commitment power. Communication and repeated …

. This article surveys a rapidly-growing literature on central bank communication with the public. We first discuss why and … how such communication is more challenging than communicating with expert audiences. Then we survey the empirical evidence …

during the 2007-10 financial crisis. The findings suggest that financial stability communication by central banks are … perceived by markets to contain relevant information, and they underline the importance of differentiating between communication …

supervision. Central bank communication will constitute a central policy tool for that purpose. The paper asks how such … communication will affect financial markets, exploiting the fact that many central banks have had some financial stability role in … times, but can have a substantially larger effect during periods of financial stress. Moreover, central bank communication …