Erik Wengström
Studierektor forskarutbildning, Nationalekonomiska institutionen, Professor
How does communication affect beliefs in one-shot games with complete information?
Författare
Summary, in English
This paper experimentally studies unilateral communication of intentions in eight different two-player one-shot normal form games with complete information. We find that communication is used both to coordinate and to deceive, and that messages have a significant impact on beliefs and behavior even in dominance solvable games. Nash equilibrium and cognitive hierarchy jointly account for many regularities, but not all of the evidence. Sophisticated sender behavior is especially difficult to reconcile with existing models.
Avdelning/ar
- Nationalekonomiska institutionen
Publiceringsår
2018-01-01
Språk
Engelska
Sidor
153-181
Publikation/Tidskrift/Serie
Games and Economic Behavior
Volym
107
Dokumenttyp
Artikel i tidskrift
Förlag
0899-8256
Ämne
- Economics
Nyckelord
- Cheap talk
- Noncooperative game theory
- Pre-play communication
Aktiv
Published
ISBN/ISSN/Övrigt
- ISSN: 0899-8256