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Cheap Talk with Multiple Strategically Interacting Audiences: An Experimental Study
We consider a cheap-talk setting that mimics the situation where an incumbent firm (the sender) is endowed with incentives to understate the true size of the market demand to two potential entrants (the receivers). Although our experimental data reveals that the senders’ messages convey truthful inf...
Autores principales: | , |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Public Library of Science
2016
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5047534/ https://www.ncbi.nlm.nih.gov/pubmed/27695082 http://dx.doi.org/10.1371/journal.pone.0163783 |