Leadership, cheap talk and really cheap talk
AbstractPrevious research offers compelling evidence that leaders suffice to effect efficiency-enhancements on cooperation, yet the source of this effect remains unclear. To investigate whether leadership effects can be attributed exclusively to the common information that leaders provide to a group, irrespective of the source of that information, we design a public goods game in which non-binding contribution suggestions originate with either a human or computer leader. We find that group members' decisions are significantly influenced by human leaders' non-binding contribution suggestions, both when the leader is elected as well as when the leader is randomly chosen. A leader's suggestion becomes an upper bound for group member's contributions. Identical suggestions do not impact the group members' decisions when they originate with a computer, thus supporting to the view that information provided by human leaders is uniquely able to establish welfare-enhancing norms.
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Bibliographic InfoArticle provided by Elsevier in its journal Journal of Economic Behavior & Organization.
Volume (Year): 77 (2011)
Issue (Month): 1 (January)
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Web page: http://www.elsevier.com/locate/jebo
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- Emrah Arbak & Marie-Claire Villeval, 2013. "Voluntary Leadership: Selection and Influence," Post-Print halshs-00664830, HAL.
- Stefan Krabel & Alexander Schacht, 2012. "The Influence of Leadership on Academic Scientists' Propensity to Commercialize Research Findings," Jena Economic Research Papers 2012-027, Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics.
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