Palabras y acciones como mecanismos de coordinación

  1. Aurora García Gallego 1
  2. Amalia Rodrigo González 2
  1. 1 Universitat Jaume I
    info

    Universitat Jaume I

    Castelló de la Plana, España

    ROR https://ror.org/02ws1xc11

  2. 2 Universitat de València
    info

    Universitat de València

    Valencia, España

    ROR https://ror.org/043nxc105

Revue:
Economía industrial

ISSN: 0422-2784

Année de publication: 2019

Titre de la publication: Economía conductual

Número: 413

Pages: 61-72

Type: Article

D'autres publications dans: Economía industrial

Résumé

We present an experimental finitely repeated game with two players and two actions based on García-Gallego et al. (2018). Such frame is suitable for the analysis of coordination among players under asymmetric information. Two treatments are run in order to analyse the effect of a pre-play chat online in which players have the possibility to exchange open messages. A measure of efficiency is proposed that allows for identifying the random component of coordination and, therefore, testing the relation between the non-random component and the online communication. A positive significant relation is found between the payoffs from the non-random coordination and effective time of online communication. Elaborated communication strategies implying a high degree of coordination are detected.

Références bibliographiques

  • Aumann, R. J. & Hart, S. (2003). «Long cheap talk». Econometrica, 71(6):1619–1660.
  • Ben-Porath, E. (2003). «Cheap talk in games with incomplete information». Journal of Economic Theory, 108(1):45– 71.
  • Blume, A. & Ortmann, A. (2007). «The effects of costless pre-play communication: Experimental evidence from games with pareto-ranked equilibria». Journal of Economic Theory, 132(1):274–290.
  • Burton, A. & Sefton, M. (2004). «Risk, pre-play communication and equilibrium». Games and Economic Behavior, 46(1):23–40.
  • Camera, G., Casari, M., & Bigoni, M. (2011). «Communication, commitment, and deception in social dilemmas: experimental evidence».
  • Chaudhuri, A., Graziano, S., & Maitra, P. (2006). «Social learning and norms in a public goods experiment with inter-generational advice». The Review of Economic Studies, 73(2):357–380.
  • Dewatripont, M. & Tirole, J. (2005). «Modes of communication». Journal of Political Economy, 113(6):1217–1238.
  • Ellingsen, T. & Östling, R. (2010). «When does communication improve coordination?» The American Economic Review, 100(4):1695–1724.
  • Forges, F. & Koessler, F. (2005). «Communication equilibria with partially verifiable types». Journal of Mathematical Economics, 41(7):793–811.
  • Fudenberg, D. & Levine, D. K. (2009). «Repeated games with frequent signals-super». The Quarterly Journal of Economics, 124(1):233–265.
  • García-Gallego, A., Hernández-Rojas, P., & Rodrigo-González, A. (2017). «Efficient coordination in the lab». Journal of Economic Interaction and Coordination. https://doi. org/10.1007/s11403-017-0214-3.
  • Gneezy, U. (2005). «Deception: The role of consequences». American Economic Review, 95(1): 384–394.
  • Gossner, O., Hernandez, P., & Neyman, A. (2006). «Optimal use of communication resources». Econometrica, 74(6):1603–1636.
  • Heller, Y., Solan, E., & Tomala, T. (2012). «Communication, correlation and cheaptalk in games with public information». Games and Economic Behavior, 74(1):222– 234.
  • Renault, J. & Tomala, T. (2004). «Communication equilibrium payoffs in repeated games with imperfect monitoring». Games and Economic Behavior, 49(2):313–344.
  • Schelling, T. C. (1960). «The strategy of conflict». Cambridge, Mass.
  • Sutter, M. & Strassmair, C. (2009). «Communication, cooperation and collusion in team tournaments—an experimental study». Games and Economic Behavior, 66(1):506–525.
  • Van Huyck, J. B., Battalio, R. C., & Beil, R. O. (1993). «Asset markets as an equilibrium selection mechanism: Coordination failure, game form auctions, and tacit communication». Games and Economic Behavior, 5(3):485–504.