Authors
Nicolas Jacquemet, Stéphane Luchini, Jason F Shogren, Adam Zylbersztejn
Publication date
2018/9/1
Journal
Experimental Economics
Volume
21
Issue
3
Pages
627-649
Publisher
Springer US
Description
We focus on the design of an institutional device aimed to foster coordination through communication. We explore whether the social psychology theory of commitment, implemented via a truth-telling oath, can reduce coordination failure. Using a classic coordination game, we ask all players to sign voluntarily a truth-telling oath before playing the game with cheap talk communication. Three results emerge with commitment under oath: (1) coordination increased by nearly 50%; (2) senders’ messages were significantly more truthful and actions more efficient, and (3) receivers’ trust of messages increased.
Total citations
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Scholar articles
N Jacquemet, S Luchini, JF Shogren, A Zylbersztejn - Experimental Economics, 2018