Communication, Renegotiation, and the Scope for Collusion<xref ref-type="fn" rid="f1" ptype="fmic62247" citart="citart1"><sup></sup></xref>

نویسنده

  • David J. Cooper
چکیده

We study the effect of communication in an experimental game where cooperation is consistent with equilibrium play if players share an understanding that cheating will be punished. Consistent with communication acting as a coordinating device, credible preplay threats to punish cheating are the most effective message to facilitate collusion. Promises to collude also improve cooperation. Credible threats do not occur in a treatment with a limited message space that permits threats of punishment. Contrary to some theoretical predictions, renegotiation possibilities facilitate collusion. (JEL C71, C73, D83, L12)

برای دانلود رایگان متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Affect as a Decision-Making System of the Present<xref ref-type="fn" rid="fn1" ptype="f668644" citart="citart1" /><xref ref-type="fn" rid="fn2" ptype="f668644" citart="citart1" />

JSTOR is a not-for-profit service that helps scholars, researchers, and students discover, use, and build upon a wide range of content in a trusted digital archive. We use information technology and tools to increase productivity and facilitate new forms of scholarship. For more information about JSTOR, please contact [email protected]. .

متن کامل

Financial Deprivation Prompts Consumers to Seek Scarce Goods<xref ref-type="fn" rid="fn1" ptype="f664038" citart="citart1" /><xref ref-type="fn" rid="fn2" ptype="f664038" citart="citart1" />

JSTOR is a not-for-profit service that helps scholars, researchers, and students discover, use, and build upon a wide range of content in a trusted digital archive. We use information technology and tools to increase productivity and facilitate new forms of scholarship. For more information about JSTOR, please contact [email protected].

متن کامل

Coalition Formation in a Legislative Voting Game<xref ref-type="fn" rid="f1" ptype="fmic61182" citart="citart1"><sup></sup></xref>

We experimentally investigate the Jackson and Moselle (2002) model where legislators bargain over policy proposals and the allocation of private goods. Key comparative static predictions of the model hold with the introduction of private goods, including “strange bedfellow” coalitions. Private goods help to secure legislative compromise and increase the likelihood of proposals passing, an outco...

متن کامل

Does Money Illusion Matter?: Reply<xref ref-type="fn" rid="f1" ptype="faer10431063" citart="citart1"><sup></sup></xref>

The data in Fehr and Tyran (2001) and Petersen and Winn (2014) show that money illusion plays an important role in nominal price adjustment after a fully anticipated negative monetary shock. Money illusion affects subjects’ expectations, and causes pronounced nominal inertia after a negative shock but much less inertia after a positive shock. Thus Petersen and Winn (2014) provide a misleading i...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

عنوان ژورنال:

دوره   شماره 

صفحات  -

تاریخ انتشار 2014