EconPapers    
Economics at your fingertips  
 

The effect of group size and cheap talk in the multi-player stag hunt: experimental evidence

Nick Feltovich and Philip Grossman

No 52-13, Monash Economics Working Papers from Monash University, Department of Economics

Abstract: Numerous studies have looked at the factors that influence the likelihood of successful coordination. Two of the most important factors are the size of the group and whether communication is possible. To our knowledge, there has been no systematic study of the interaction between group size and communication. We report results from an experiment in which groups of size 2, 3, 4, 5 and 7 play a one-shot multi-player stag-hunt game. Subjects always have the opportunity to send structured cheap-talk messages, but we vary whether any of these messages are transmitted to group members. We replicate previous results concerning the negative effect of group size on risky-strategy play and successful coordination. Also consistent with previous studies, communication per se matters less than the content of the communication. Finally, we find significant interaction between the group size and the presence/content of communication.

Keywords: communication; coordination; cooperation; group decision making; leadership (search for similar items in EconPapers)
JEL-codes: C72 C92 D80 (search for similar items in EconPapers)
Pages: 31 pages
Date: 2013-07
References: Add references at CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://www.buseco.monash.edu.au/eco/research/papers/2013/index.html (application/pdf)
Our link check indicates that this URL is bad, the error code is: 403 Forbidden (http://www.buseco.monash.edu.au/eco/research/papers/2013/index.html [301 Moved Permanently]--> https://www.monash.edu/business/ [301 Moved Permanently]--> https://www.monash.edu/business)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mos:moswps:2013-52

Ordering information: This working paper can be ordered from
https://www.monash.e ... esearch/publications

Access Statistics for this paper

More papers in Monash Economics Working Papers from Monash University, Department of Economics Department of Economics, Monash University, Victoria 3800, Australia. Contact information at EDIRC.
Bibliographic data for series maintained by Simon Angus ().

 
Page updated 2025-03-31
Handle: RePEc:mos:moswps:2013-52