Showing 1 - 10 of 15,578
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
We study experimentally the effectiveness of communication in common value committees exhibiting publicly known … heterogeneous agents. These predict varying degrees of strategic communication. We use a 2 x 2 design varying the information … protocol (communication vs exogenous public signals) and the group composition (heterogeneous vs homogeneous). Results are only …
Persistent link: https://www.econbiz.de/10012995161
We study social learning in a social network setting where agents receive independent noisy signals about the truth. Agents naïvely update beliefs by repeatedly taking weighted averages of neighbors' opinions. The weights are fixed in the sense of representing average frequency and intensity of...
Persistent link: https://www.econbiz.de/10011801379
change the status quo. We study three scenarios - secrecy, where votes and communication are secret, mild transparency, where … individual votes are public, and full transparency, where both communication and individual votes are public. The two … than in theory. …
Persistent link: https://www.econbiz.de/10010486059
We here develop a model of pre-play communication that generalizes the cheap-talk approach by allowing players to have … is applied to finite and symmetric two-player games and we establish that honest communication and play of the Pareto …-enforcing. -- efficiency ; communication ; coordination ; honesty ; evolutionary stability …
Persistent link: https://www.econbiz.de/10003393210
Consider managers evaluating their employees' performances. Should managers justify their subjective evaluations? Suppose a manager's evaluation is private information. Justifying her evaluation is costly but limits the principal's scope for distorting her evaluation of the employee. I show that...
Persistent link: https://www.econbiz.de/10011930440
of the extent they involve conflict over time. Overall, the results indicate that inter-personal communication may help …
Persistent link: https://www.econbiz.de/10014248947
of the extent they involve conflict over time. Overall, the results indicate that inter-personal communication may help …
Persistent link: https://www.econbiz.de/10014358712
of the extent they involve conflict over time. Overall, the results indicate that inter-personal communication may help …
Persistent link: https://www.econbiz.de/10014267109
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