Money talks? An experimental investigation of cheap talk and burned money

DOI10.1111/IERE.12141MaRDI QIDQ5744894zbMATH OpenOpenAlexFDO

Authors Thomas de Haan, Theo Offerman, Randolph Sloof

Publication date 10 February 2016

Published in International Economic Review (Search for Journal in Brave)

Full work available at URL http://www1.feb.uva.nl/creed/pdffiles/MoneyTalks21_11_2012.pdf

zbMATH Keywords

burning moneycheap talkexperiment

Mathematics Subject Classification ID

Signaling and communication in game theory (91A28) Experimental studies (91A90) Economics of information (91B44)

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Cites work

• A note on cheap talk and burned money
• An experimental study of strategic information transmission
• An experimental study of truth-telling in a sender-receiver game
• An experimental test of advice and social learning
• Campaign Advertising and Voter Welfare
• Cheap talk and burned money
• Compaign spending with office-seeking politicians, rational voters, and multiple lobbies
• Do actions speak louder than words? An experimental comparison of observation and cheap talk
• Enjoy the silence: An experiment on truth-telling
• Overcommunication in strategic information transmission games
• Signaling future actions and the potential for sacrifice
• Signaling Games and Stable Equilibria
• Stable equilibria and forward induction
• Strategic communication with lying costs
• Strategic Information Transmission
• Truth or consequences: an experiment
• Words, Deeds, and Lies: Strategic Behaviour in Games with Multiple Signals
• Would I lie to you? On social preferences and lying aversion

Cited in

(12)

• Cheap talk and burned money
• Optimal signaling with cheap talk and money burning
• Communication is more than information sharing: the role of status-relevant knowledge
• What makes cheap talk effective? Experimental evidence
• Can there be a market for cheap-talk information? An experimental investigation
• On the strategic value of `shooting yourself in the foot': an experimental study of burning money
• When curiosity kills the profits: an experimental examination
• Cheap talk with multiple audiences: an experimental analysis
• A note on cheap talk and burned money
• Delegation based on cheap talk
• How burning money requires a lot of rationality to be effective
• Money talks

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