Title
"I'm just a soul whose intentions are good": The role of communication in noisy repeated games.
Abstract
We let participants indicate their intended action in a repeated game experiment where actions are implemented with errors. Even though communication is cheap talk, we find that the majority of messages were honest (although the majority of participants lied at least occasionally). As a result, communication has a positive effect on cooperation when the payoff matrix makes the returns to cooperation high; when the payoff matrix gives a lower return to cooperation, communication reduces overall cooperation. These results suggest that cheap talk communication can promote cooperation in repeated games, but only when there is already a self-interested motivation to cooperate.
Year
DOI
Venue
2017
10.1016/j.geb.2017.06.013
Games and Economic Behavior
Keywords
DocType
Volume
C7,C9,D00
Journal
104
ISSN
Citations 
PageRank 
0899-8256
0
0.34
References 
Authors
0
4
Name
Order
Citations
PageRank
Antonio A. Arechar100.34
anna dreber231.41
Drew Fudenberg317544.93
David G. Rand413714.92