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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
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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...
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This paper introduces a class of endogenously proportional bargaining solutions. These solutions are independent of the class of Directional solutions, which Chun and Thomson (1990a) proposed to generalize (exogenously) proportional solutions of Kalai (1977). Endogenously proportional solutions...
Persistent link: https://www.econbiz.de/10009656696
In this paper, we use a two-period one-to-one matching model with incomplete information to examine the effect of changes in divorce costs on marital dissolution. Each individual who has a nontransferable expected utility about the quality of each potential marriage decides whether to marry or...
Persistent link: https://www.econbiz.de/10009754874