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Ill-Defined versus Precise Pre-Play Communication in the Traveler's Dilemma.

This article reports results from an experiment comparing the effects of vague versus precise pre-play communication in a highly competitive two-player game with conflicting interests. In the classic Traveler's Dilemma, non-binding precise messages about intent of play are pure cheap talk. We conjec...

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Published in:Southern Economic Journal Vol. 77; no. 2; pp. 351 - 369
Main Authors: Chakravarty, Sujoy, Dechenaux, Emmanuel, Roy, Jaideep
Format: Article
Published: Wiley-Blackwell Oct2010
Subjects:
Communication
Decision making
Economic research
Numerical grid generation (Numerical analysis)
Traveler attitudes
Dilemma
Online Access:View this record in EBSCOhost