Truth-telling and Trust in Sender-receiver Games with Intervention
AbstractRecent experimental studies find excessive truth-telling in strategic information transmission games with conflictive preferences. In this paper, we show that this phenomenon is more pronounced in sender-receiver games where a truthful regulator randomly intervenes. We also establish that intervention significantly increases the excessive trust of receivers.
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Bibliographic InfoPaper provided by Koc University-TUSIAD Economic Research Forum in its series Koç University-TUSIAD Economic Research Forum Working Papers with number 1123.
Length: 32 pages
Date of creation: Sep 2011
Date of revision:
Strategic information transmission; truth-telling; trust; sender-receiver game.;
Other versions of this item:
- Mehmet Y. Gurdal & Ayca Ozdogan & Ismail Saglam, 2011. "Truth-Telling and Trust in Sender-Receiver Games with Intervention," Working Papers 1106, TOBB University of Economics and Technology, Department of Economics.
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- C90 - Mathematical and Quantitative Methods - - Design of Experiments - - - General
- D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search, Learning, and Information
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-10-09 (All new papers)
- NEP-CTA-2011-10-09 (Contract Theory & Applications)
- NEP-EVO-2011-10-09 (Evolutionary Economics)
- NEP-EXP-2011-10-09 (Experimental Economics)
- NEP-GTH-2011-10-09 (Game Theory)
- NEP-MIC-2011-10-09 (Microeconomics)
- NEP-SOC-2011-10-09 (Social Norms & Social Capital)
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