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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...

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Detalles Bibliográficos
Autores principales: Li, Xinyu, Peeters, Ronald
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Public Library of Science 2016
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