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This paper reports on experiments regarding cheap talk games where senders attempt deception when their interests are …
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I experimentally investigate how vague language changes the nature of communication in a biased strategic information … model showing that vague messages increase communication between boundedly rational players, especially if some senders are …
Persistent link: https://www.econbiz.de/10013367782
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scheme and investigate the effects of communication, an aspect typically assumed to be irrelevant by theory. We consider … communication among individual participants competing in a TDR system and team decision-making facilitated by face …-to-face communication. We find the system to be quite efficient, despite overshooting certificate prices particularly in the beginning for …
Persistent link: https://www.econbiz.de/10013002102
other hand the decision makers rely too much on the received information. Moreover, communication as well as payoffs … communication is less biased. In all treatments, however, the messages are more precise than theoretically predicted. …
Persistent link: https://www.econbiz.de/10010260085
This paper investigates how different message structures impact communication strategy as well as sender and receiver … behavior. Specifically, we focus on comparing communication games with messages stating an intention versus a request. Our …
Persistent link: https://www.econbiz.de/10012432600
The authors develop a model of cheap talk with multiple speakers in the presence of network externalities so that their utility functions are increasing in the network size. They first show that if there is no noise in private information that each sender receives, the full information is...
Persistent link: https://www.econbiz.de/10011789390
We develop a model of cheap talk with transparent and monotone motives from a seller to an informed buyer. By transparent and monotone motives, we mean that the seller's preference does not depend on the state of the world and is increasing in the choice(s) of the buyer regardless of the state...
Persistent link: https://www.econbiz.de/10014636246