Bargaining, Asymmetric information and Strategic Communication

Beschreibung

In an Ultimatum Game context, we experimentally examine the strategic choice of
communication with different reliability and its effects on efficiency and payoff
distributions. We replicate previous findings that asymmetric information results in
efficiency losses, and how that these losses affect both the informed and the
uninformed parties. Communication leads to an improvement of the situation.
However, reliable communication does not reach its full potential while cheap-talk
communication lso has an impact. Communication effects are asymmetric in that
mostly proposers benefit from communication, be they informed or uninformed.

Zeitraum	7 Feb. 2018 → 9 Feb. 2018
Ereignistitel	ESA Asia Pacific Conference
Veranstaltungstyp	Keine Angaben
Bekanntheitsgrad	International