Coordination with decentralized costly communication

Volume: 130, Pages: 225 - 241
Published: Oct 1, 2016
Abstract
Prior experimental evidence finds decentralized pre-play communication to facilitate efficient coordination among interdependent agents. However, the kind of communication in these experiments is unrealistic for many economic and organizational contexts, as it consists of costless messages from every agent, which are sent every time a coordination game is played. We study how communication use and its effectiveness change when one considers that...
Paper Details
Title
Coordination with decentralized costly communication
Published Date
Oct 1, 2016
Volume
130
Pages
225 - 241
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