IDEAS home Printed from https://ideas.repec.org/p/mos/moswps/2013-52.html
   My bibliography  Save this paper

The effect of group size and cheap talk in the multi-player stag hunt: experimental evidence

Author

Listed:
  • Nick Feltovich
  • Philip J. Grossman

Abstract

Numerous studies have looked at the factors that influence the likelihood of successful coordination. Two of the most important factors are the size of the group and whether communication is possible. To our knowledge, there has been no systematic study of the interaction between group size and communication. We report results from an experiment in which groups of size 2, 3, 4, 5 and 7 play a one-shot multi-player stag-hunt game. Subjects always have the opportunity to send structured cheap-talk messages, but we vary whether any of these messages are transmitted to group members. We replicate previous results concerning the negative effect of group size on risky-strategy play and successful coordination. Also consistent with previous studies, communication per se matters less than the content of the communication. Finally, we find significant interaction between the group size and the presence/content of communication.

Suggested Citation

  • Nick Feltovich & Philip J. Grossman, 2013. "The effect of group size and cheap talk in the multi-player stag hunt: experimental evidence," Monash Economics Working Papers 52-13, Monash University, Department of Economics.
    • Handle: RePEc:mos:moswps:2013-52
    as

    Download full text from publisher

    File URL: http://www.buseco.monash.edu.au/eco/research/papers/2013/index.html
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Friedel Bolle & Jörg Spiller, 2021. "Cooperation against all predictions," Economic Inquiry, Western Economic Association International, vol. 59(3), pages 904-924, July.
    2. Jörg Spiller & Friedel Bolle, 2017. "Experimental investigations of coordination games: high success rates, invariant behavior, and surprising dynamics," Discussion Paper Series RECAP15 28, RECAP15, European University Viadrina, Frankfurt (Oder).
    3. Spiller, Jörg & Bolle, Friedel, 2017. "Experimental investigations of binary threshold public good games," Discussion Papers 393, European University Viadrina Frankfurt (Oder), Department of Business Administration and Economics.
    4. Bolle, Friedel & Spiller, Jörg, 2016. "Not efficient but payoff dominant: Experimental investigations of equilibrium play in binary threshold public good games," Discussion Papers 379, European University Viadrina Frankfurt (Oder), Department of Business Administration and Economics.
    5. Bolle, Friedel, 2017. "A behavioral theory of equilibrium selection," Discussion Papers 392, European University Viadrina Frankfurt (Oder), Department of Business Administration and Economics.

    More about this item

    Keywords

    communication; coordination; cooperation; group decision making; leadership;
    All these keywords.

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General
    • C92 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Group Behavior

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mos:moswps:2013-52. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Simon Angus (email available below). General contact details of provider: https://edirc.repec.org/data/dxmonau.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.