Similar Search Results

Can there be a market for cheap-talk information? : an experimental investigation

Cabrales, Antonio; Feri, Francesco; Gottardi, Piero; … - 2018

This paper reports on experiments testing the viability of markets for cheap talk information. We find that the poor quality of the information transmitted leads to a collapse of information markets. The reasons for this are surprising given the previous experimental results on cheap-talk games....

Persistent link: https://www.econbiz.de/10011822038

Majoritarian contests with asymmetric battlefields : an experiment

Montero, María; Possajennikov, Alexandre; Sefton, Martin; … - 2013

choices from a laboratory experiment. The equilibrium predicts that the large battlefield receives more than a proportional …

Persistent link: https://www.econbiz.de/10010224988

Providing negative cost public projects under a fair mechanism : an experimental analysis

Güth, Werner; Koukoumelis, Anastasios; Levati, M. Vittoria - 2013

projects have demonstrated that the mechanism is efficiency enhancing. Our experiment tests whether the mechanism remains …

Persistent link: https://www.econbiz.de/10009784119

Majoritarian Contests with Asymmetric Battlefields : An Experiment

Montero, Maria; Possajennikov, Alex; Sefton, Martin; … - 2013

choices from a laboratory experiment. The equilibrium predicts that the large battlefield receives more than a proportional …

Persistent link: https://www.econbiz.de/10014150669

Cheap Talk Advertising in Auctions

Jewitt, Ian; Li, Daniel Z. - 2021

This paper explores how a seller should transmit product information to bidders with horizontally differentiated preferences. Under cheap-talk, we show that, in an informative equilibrium, the seller provides less precise information for more popular product attributes. Second, for any given...

Persistent link: https://www.econbiz.de/10013250400

Pavlov, Gregory - 2013

We study cheap-talk pre-play communication in the static all-pay auctions. For the case of two bidders, all correlated … and communication equilibria are payoff equivalent to the Nash equilibrium if there is no reserve price, or if it is … robust to preplay communication between the bidders. If there are three or more symmetric bidders, or two symmetric bidders …

Persistent link: https://www.econbiz.de/10009745257

Mechanism design with aftermarkets : on the impossibility of pure information intermediation

Dworczak, Piotr - 2016

A mediator, with no prior information and no control over the market protocol, attempts to redesign the information structure in the market by running an information intermediation mechanism with transfers that first elicits information from an agent, and then discloses information to another...

Persistent link: https://www.econbiz.de/10011865067

Optimal Information Disclosure in Contests with Communication

Antsygina, Anastasia - 2021

probability in the communication game, and this creates an externality (which can be either positive or negative) for the designer …. The optimal disclosure policy depends on both the communication technology and the correlation between the contestants … sufficiently high. These results are in a stark contrast with the no communication benchmark …

Persistent link: https://www.econbiz.de/10013212098

A detail-free mediator

Vida, Péter; Āzacis, Helmuts - In: Games and economic behavior 81 (2013), pp. 101-115

Persistent link: https://www.econbiz.de/10010358104

On private communication in competing mechanism games

Attar, Andrea; Campioni, Eloisa; Piaser, Gwenaël - 2017

Persistent link: https://www.econbiz.de/10012267340