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Truth-telling and Trust in Sender-receiver Games with Intervention

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  • Ismail Saglam

    ()
    (TOBB University of Economics and Technology, Department of Economics)

  • Mehmet Y. Gurdal

    ()
    (TOBB University of Economics and Technology, Department of Economics)

  • Ayca Ozdogan

    ()
    (TOBB University of Economics and Technology, Department of Economics)

Abstract

Recent 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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File URL: http://eaf.ku.edu.tr/sites/eaf.ku.edu.tr/files/erf_wp_1123.pdf
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Bibliographic Info

Paper provided by Koc University-TUSIAD Economic Research Forum in its series Koç University-TUSIAD Economic Research Forum Working Papers with number 1123.

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Length: 32 pages
Date of creation: Sep 2011
Date of revision:
Handle: RePEc:koc:wpaper:1123

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Keywords: Strategic information transmission; truth-telling; trust; sender-receiver game.;

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  1. Broseta, Bruno & Costa-Gomes, Miguel & Crawford, Vincent P., 2000. "Cognition and Behavior in Normal-Form Games: An Experimental Study," University of California at San Diego, Economics Working Paper Series qt0fp8278k, Department of Economics, UC San Diego.
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Cited by:
  1. Gurdal, Mehmet Y. & Ozdogan, Ayca & Saglam, Ismail, 2013. "Cheap talk with simultaneous versus sequential messages," MPRA Paper 45727, University Library of Munich, Germany.

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