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In this paper we show that subtle forms of deceit undermine the effectiveness of incentives. We design an experiment in which the principal has an interest in underreporting the true performance difference between the agents in a dynamic tournament. According to the standard approach, rational...
Persistent link: https://www.econbiz.de/10005627981
In this paper we show that subtle forms of deceit undermine the effectiveness of incentives. We design an experiment in which the principal has an interest in underreporting the true performance difference between the agents in a dynamic tournament. According to the standard approach, rational...
Persistent link: https://www.econbiz.de/10005822257
Persistent link: https://www.econbiz.de/10010199660
This paper reports on experiments regarding cheap talk games where senders attempt deception when their interests are …
Persistent link: https://www.econbiz.de/10012418635
Persistent link: https://www.econbiz.de/10012420454
I experimentally investigate how vague language changes the nature of communication in a biased strategic information … model showing that vague messages increase communication between boundedly rational players, especially if some senders are …
Persistent link: https://www.econbiz.de/10013367782
Persistent link: https://www.econbiz.de/10011408586
scheme and investigate the effects of communication, an aspect typically assumed to be irrelevant by theory. We consider … communication among individual participants competing in a TDR system and team decision-making facilitated by face …-to-face communication. We find the system to be quite efficient, despite overshooting certificate prices particularly in the beginning for …
Persistent link: https://www.econbiz.de/10011409834
scheme and investigate the effects of communication, an aspect typically assumed to be irrelevant by theory. We consider … communication among individual participants competing in a TDR system and team decision-making facilitated by face …-to-face communication. We find the system to be quite efficient, despite overshooting certificate prices particularly in the beginning for …
Persistent link: https://www.econbiz.de/10013002102
undermines communication by both biased and unbiased experts, and that experts "pander" to the perceived preferences of the …
Persistent link: https://www.econbiz.de/10011096411