Article ID Journal Published Year Pages File Type
7352984 Games and Economic Behavior 2018 29 Pages PDF
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.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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