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We provide a game theoretic analysis of how power shapes the clarity of communication. We analyze information … by an experiment. Finally, we show how partial information transmission can lead to communication failure, and show how …
Persistent link: https://www.econbiz.de/10011386160
how power shapes clarity of communication. We analyze information transmission in a cheap talk bargaining game between an …
Persistent link: https://www.econbiz.de/10014184653
We study intermediaries who seek to maximize gains from trade in bilateral negotiations. Intermediaries are players: they cannot commit to act against their objective function and deny, in some cases, trade they believe to be beneficial. This impairs their ability to assist the parties relative...
Persistent link: https://www.econbiz.de/10012806593
Costly delay in negotiations can induce the negotiating parties to be more forthcoming with their information and improve the quality of the collective decision. Imposing a deadline may result in stalling, in which players at some point stop making concessions but switch back to conceding at the...
Persistent link: https://www.econbiz.de/10011690720
Case studies of cartels and recent theory suggest that repeated communication is key for stable cooperation in … environments where signals about others' actions are noisy. However, empirically the exact role of communication is not well … understood. We study cooperation under different monitoring and communication structures in the laboratory. Under all monitoring …
Persistent link: https://www.econbiz.de/10012908872
weight placed on the distributive decision. Communication takes place before a proposal is offered and majority rule voting …
Persistent link: https://www.econbiz.de/10011674460
preventive wars when the power shift is smaller and when the rising state has the commitment power. Communication and repeated …
Persistent link: https://www.econbiz.de/10012801942
their communication links with upfront transfers. The main theorem characterizes a condition on network structures for …
Persistent link: https://www.econbiz.de/10011279698
We modify the Acquiring-a-Company game to study lying in ultimatum bargaining. Privately informed sellers send messages about the alleged value of their company to potential buyers. Via random information leaks, buyers can learn the true value before proposing a price which the seller finally...
Persistent link: https://www.econbiz.de/10014265847
action than a player with lesser damage. Furthermore, we examine cheap-talk communication equilibria with the extremist. The … not exist any other communication equilibrium for either kind of extremist, for any other combination of player types …
Persistent link: https://www.econbiz.de/10014093382