G2TT
来源类型Discussion paper
规范类型论文
来源IDDP14085
DP14085 Rules and Commitment in Communication
Guilaume Frechette; Jacopo Perego
发表日期2019-10-28
出版年2019
语种英语
摘要We investigate models of cheap talk, information disclosure, and Bayesian persuasion, in a unified experimental framework. Our umbrella design permits the analysis of models that share the same structure regarding preferences and information, but differ in two dimensions: the \emph{rules} governing communication, which determine whether information is verifiable; and the sender’s \emph{commitment} power, which determines the extent to which she can commit to her communication strategy. Commitment is predicted to have contrasting effects on information transmission, depending on whether information is verifiable. Our design exploits these variations to explicitly test for the role of rules and commitment in communication. Our experiments provide general support for the strategic rationale behind the role of commitment and, more specifically, for the Bayesian persuasion model of \cite{Kamenica2011}. At the same time, we document significant quantitative deviations. Most notably, we find that rules matter in ways that are entirely unpredicted by the theory, suggesting a novel policy role for information verifiability.
主题Industrial Organization
URLhttps://cepr.org/publications/dp14085
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/542972
推荐引用方式
GB/T 7714
Guilaume Frechette,Jacopo Perego. DP14085 Rules and Commitment in Communication. 2019.
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