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How does communication affect beliefs in one-shot games with complete information?

Ellingsen, Tore; Östling, Robert and Wengström, Erik LU (2018) In Games and Economic Behavior 107. p.153-181
Abstract

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.

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author
organization
publishing date
type
Contribution to journal
publication status
published
subject
keywords
Cheap talk, Noncooperative game theory, Pre-play communication
in
Games and Economic Behavior
volume
107
pages
29 pages
publisher
0899-8256
external identifiers
  • scopus:85035132026
ISSN
0899-8256
DOI
10.1016/j.geb.2017.11.004
language
English
LU publication?
yes
id
6280c03d-64c4-4ddd-a6cc-2118f20d8bcc
date added to LUP
2017-12-07 12:17:08
date last changed
2018-01-07 12:27:29
@article{6280c03d-64c4-4ddd-a6cc-2118f20d8bcc,
  abstract     = {<p>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.</p>},
  author       = {Ellingsen, Tore and Östling, Robert and Wengström, Erik},
  issn         = {0899-8256},
  keyword      = {Cheap talk,Noncooperative game theory,Pre-play communication},
  language     = {eng},
  month        = {01},
  pages        = {153--181},
  publisher    = {0899-8256},
  series       = {Games and Economic Behavior},
  title        = {How does communication affect beliefs in one-shot games with complete information?},
  url          = {http://dx.doi.org/10.1016/j.geb.2017.11.004},
  volume       = {107},
  year         = {2018},
}