An Experimental Study on the Effects of Communication, Credibility, and Clustering in Network Games
Gary Charness,
Francesco Feri,
Miguel Meléndez-Jiménez () and
Matthias Sutter
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Francesco Feri: Royal Holloway University of London
The Review of Economics and Statistics, 2023, vol. 105, issue 6, 1530-1543
Abstract:
We examine how preplay communication and clustering affect play in a challenging hybrid experimental game on networks. Free-form chat is impressively effective in achieving the nonequilibrium efficient outcome, but restricted communication has little effect. We support this result with a model about the credibility of cheap-talk messages. We also offer a model of message diffusion that correctly predicts more rapid diffusion without clustering. We show an interaction effect of network structure and communication technologies. A remarkable result is that restricted communication is quite effective in a network stag hunt but not in our extended game.
Date: 2023
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Working Paper: An experimental study on the effects of communication, credibility, and clustering in network games (2019) 
Working Paper: An Experimental Study on the Effects of Communication, Credibility, and Clustering in Network Games (2019) 
Working Paper: An Experimental Study on the Effects of Communication, Credibility, and Clustering in Network Games (2019) 
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Persistent link: https://EconPapers.repec.org/RePEc:tpr:restat:v:105:y:2023:i:6:p:1530-1543
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