Showing 1 - 10 of 13
Persistent link: https://www.econbiz.de/10011976516
One of the key roles of government is to coordinate the activities of citizens. One reason why governments are efficient facilitators of coordinated action, in addition to their ability to force compliance or tax, is that they are typically endowed with more information than the individuals they...
Persistent link: https://www.econbiz.de/10011056200
One of the most robust phenomena in the experimental literature on multilateral bargaining is the failure of proposers to extract equilibrium rents. However, all previous experiments have overlooked the fact that outside the lab committee members are allowed to – and do – engage in sometimes...
Persistent link: https://www.econbiz.de/10010931411
Recently, both theoretical and experimental literatures have incorporated the ability of strategic players to communicate verbally prior to choosing their actions. We design an experiment to show how and why presence and type of communication matters. We use a multilateral bargaining setting,...
Persistent link: https://www.econbiz.de/10013073425
Persistent link: https://www.econbiz.de/10009787509
Persistent link: https://www.econbiz.de/10010491012
Persistent link: https://www.econbiz.de/10012299421
One of the most robust phenomena in the experimental literature on multilateral bargaining is the failure of proposers to extract equilibrium rents. However, all previous experiments have overlooked the fact that outside the lab committee members are allowed to - and do - engage in sometimes...
Persistent link: https://www.econbiz.de/10014152141
Persistent link: https://www.econbiz.de/10015357195
The goal of this paper is to introduce communication in a collective choice environment with information acquisition. We concentrate on decision panels that are comprised of agents sharing a common goal and having a joint task. Members of the panel decide whether to acquire costly information or...
Persistent link: https://www.econbiz.de/10005368994