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Showing 1 to 20 of 24 for “"Cheap Talk"”.

  1. Cheap-talk pregame communication

    … study a form of pre-game communication, namely, cheap-talk. The framework first proposed by Farrell (1987) is extended to symmetric games with a finite but otherwise arbitrary number of actions. An alternative theory of cheap-talk pre-game communication is proposed and its effects characterized. …

    uiuc Repository record for Cheap-talk pregame communication (opens in a new tab)

  2. Implementing Mediators with Cheap Talk

    In this work we study the effects of cheap-talk in games with rational agents. We begin by showing that all asynchronous interactions between $n$ players and a mediator can be $t$-bisimulated without the mediator if $n > 4t$. Intuitively, $t$-bisimulation means that for any deviation performed by …

    cornell Repository record for Implementing Mediators with Cheap Talk (opens in a new tab)

  3. Cheap talk and costly consequences

    In this thesis, we use data on political interactions between country pairs to predict changes in trade. We implemented and applied a new feature selection algorithm called Boruta to build a compact set of predictor variables for this task. After finding a consistent set of features we used a …

    mit Repository record for Cheap talk and costly consequences (opens in a new tab)

  4. Is Talk Cheap in High Stake Trust Games? An Experimental Analysis of Decentralized Cooperation

    … The aim of this study is to investigate whether cheap talk is effective in high stake non-anonymous bargaining. We recruited 100 participants (Age: M = 32, SD = 6.94) and conducted high stake trust game experiments in which participants could exchange proposals and interact with each other before …

    claremont Repository record for Is Talk Cheap in High Stake Trust Games? An Experimental Analysis of Decentralized Cooperation (opens in a new tab)

  5. Essays on organizational economics and the heterogeneity of firm performance

    … statements may thereby constitute informative cheap-talk. I consider a setting in which firms send costless mission statements at the start of the game, then with positive probability have an opportunity to send a costly signal of their type at a later stage. I show that this can generate …

    mit Repository record for Essays on organizational economics and the heterogeneity of firm performance (opens in a new tab)

  6. Four essays on strategic communication

    … information (hard) channel or through a low-cost cheap talk (soft) channel. I find that the availability of hard links allows each agent to get a weakly greater number of truthful messages compared to the pure cheap talk setting. If only one party bears the cost of a hard link, then introducing …

    columbia-diss Repository record for Four essays on strategic communication (opens in a new tab)

  7. Strategic Communication Games: Theory and Applications

    … transmission. Ch. 2, &ldquo;Multidimensional Cheap Talk with Sequential Messages,&rdquo; considers a multidimensional cheap talk game where there are two senders who share the private information, and send a message to the receiver sequentially. We suggest a notion of <italic>extended …

    wustl Repository record for Strategic Communication Games: Theory and Applications (opens in a new tab)

  8. Communication, Information, and Learning

    … an equilibrium refinement that applies to both cheap-talk and costly signaling games. Robust neologism proofness eliminates equilibria that can be undone by a certain kind of credible communication from the sender to the receiver. We show that robust neologism proof equilibria exist both in …

    mit Repository record for Communication, Information, and Learning (opens in a new tab)

  9. Analyst Reputation, Communication and Information Acquisition

    … information transmission models, also called cheap talk models, have become increasingly popular in accounting, as they have successfully brought new insights to various accounting topics. This dissertation consists of two chapters, each analyzes a model of strategic information transmission …

    columbia-diss Repository record for Analyst Reputation, Communication and Information Acquisition (opens in a new tab)

  10. Essays on Tax Information Exchange in a Post-BEPS World

    … most advanced communication mechanisms, namely cheap talk and Bayesian persuasion, to model revelation, propagation, and aggregation of information starting from taxpayer and finishing with interaction between tax administrations. In different chapters of the thesis, I show how taxpayer’s …

    essex Repository record for Essays on Tax Information Exchange in a Post-BEPS World (opens in a new tab)

  11. Learning to trust in forecast information sharing

    … models related to bounded rationality or cheap talk. We characterize how the supply chain environment changes trust and decisions. We find out that initial beliefs do not matter because they will be quickly adjusted by the market: the limiting behavior, as t --> [infinity], depends only on …

    mit Repository record for Learning to trust in forecast information sharing (opens in a new tab)

  12. Essays on the Economics of Information

    … attainable under unmediated communication, i.e., cheap talk. The lower bound is given by the cheap talk payoff. We provide a geometric characterization of when mediation strictly improves on this using the quasiconcave and quasiconvex envelopes of the sender’s value function. In canonical …

    mit Repository record for Essays on the Economics of Information (opens in a new tab)

  13. Evolutionary Models of Language: A Methodological and Philosophical Study

    … at odds with scientific realism. In Chapter 3: Cheap Talk in Structured Populations, I present a model for the evolution of signaling and show both analytically and with computer simulations that signaling evolves with significantly lower signal cost if the population is spatially structured. …

    duke Repository record for Evolutionary Models of Language: A Methodological and Philosophical Study (opens in a new tab)

  14. The Effects of Stated Preference sign on Bias in Responses

    … factors were introduced into the experiment, a `cheap-talk' script and `adding more attributes to mask the research aim', to amend incentives to bias. In the experiment, post-questionnaire questions on respondents' perception of experiments were introduced. More specifically, respondents' …

    whiterose Repository record for The Effects of Stated Preference sign on Bias in Responses (opens in a new tab)

  15. Three Essays in Experimental Economics

    … The remainder of this dissertation studies cheap talk communication between human subjects playing incentivised trust games. In Chapter 3, we study free-form communication using a dataset of over 1000 messages sent between participants in a laboratory Trust game. We employ Natural Language …

    vt Repository record for Three Essays in Experimental Economics (opens in a new tab)

  16. The Interpretation of Marketing Actions and Communications by the Financial Markets

    … investigates how firms walk the walk and talk the talk regarding marketing spending and communication of strategy. Specifically, I address the following questions: (1) How do financial markets interpret real investments in marketing? and (2) How are these investments and strategic …

    columbia-diss Repository record for The Interpretation of Marketing Actions and Communications by the Financial Markets (opens in a new tab)

  17. Essays on Asymmetric Information

    My dissertation analyzes the credible communication of seller information to buyers. My first essay, "New and Improved?", considers firms' incentives to introduce new product versions and the corresponding beliefs of consumers about such products' quality when they have no direct information about …

    iu Repository record for Essays on Asymmetric Information (opens in a new tab)

  18. Essays on games of strategic information disclosure

    This dissertation studies communication and information design in strategic settings. In each chapter, I develop a theoretical framework to study an interaction where a decision-maker who lacks access to information relevant for her decision has to rely on one or more interested parties to provide …

    texas Repository record for Essays on games of strategic information disclosure (opens in a new tab)

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