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-play messages. In a laboratory experiment, we modify communication by making the sending of messages optional and costly. Even small …We study communication in a two-player coordination game with Pareto-ranked equilibria. Prior research demonstrates … that efficient coordination is difficult without communication but obtains regularly with (mandatory) costless pre …
Persistent link: https://www.econbiz.de/10011282459
communication we find that collusive agreements are more fragile when the gain from a unilateral deviation is larger. We also find …
Persistent link: https://www.econbiz.de/10010277504
Numerous studies suggest that communication may be a universal means to mitigate collective action problems. In this … study, we challenge this view and show that the communication structure crucially determines whether communication mitigates … or intensifies the problem of collective action. We observe the effect of different communication structures on …
Persistent link: https://www.econbiz.de/10010281661
It is well known that communication often serves as a facilitator for cooperation in static games. Yet, communication … can serve entirely different purposes in dynamic settings as communication during the game may work as a means for … investigates cooperation and non-binding communication in a two-stage game. More specifically, two treatments are considered: one …
Persistent link: https://www.econbiz.de/10010320291
This is an experimental study of a three-player power-to-take game where a take authority is matched with two responders. The game consists of two stages. In the first stage, the take authority decides how much of the endowment of each responder that is left after the second stage will be...
Persistent link: https://www.econbiz.de/10010261421
´s knowledge public knowledge. The experiment replicates the results of earlier experimental studies (Dickhaut et al., 1995, Cai … 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/10010369309
We report experimental data from bargaining situations where bargainers can make proposals as often and whenever they want, and can communicate via written messages. We vary the set of feasible contracts, thereby allowing us to assess the focality of three properties of bargaining outcomes:...
Persistent link: https://www.econbiz.de/10011444303
Human communication in organizations often involves a large amount of gossiping about others. Here we study in an … experiment whether gossip affects the efficiency of human interactions. We let subjects play a trust game. Third parties observe …
Persistent link: https://www.econbiz.de/10011479222
We study a public goods game where subjects get feedback either continually or intermittently. We find that the intermittent feedback helps to mitigate problems of free riding because subjects in this treatment focus more on a string of choices rather than deciding on a case by case basis as in...
Persistent link: https://www.econbiz.de/10010263249
We present an experiment on strategic thinking and behavior of individuals and teams in one-shot normal-form games …
Persistent link: https://www.econbiz.de/10010269696