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dc.contributor.authorGurdal, Mehmet Y.
dc.contributor.authorÖzdoğan Atabay, Ayça
dc.contributor.authorSağlam, İsmail
dc.date.accessioned2019-05-23T05:53:22Z
dc.date.available2019-05-23T05:53:22Z
dc.date.issued2014-06
dc.identifier.citationGurdal, M. Y., Ozdogan, A., & Saglam, I. (2014). Truth-telling and trust in sender–receiver games with intervention: an experimental study. Review of Economic Design, 18(2), 83-103.en_US
dc.identifier.issn1434-4742
dc.identifier.othernumber of pages 21
dc.identifier.urihttps://doi.org/10.1007/s10058-013-0155-9
dc.identifier.urihttp://hdl.handle.net/20.500.11851/1117
dc.description.abstractRecent experimental studies find excessive truth-telling in sender-receiver games. We show that this phenomenon is robust to the random intervention of a truthful regulator. In addition, intervention significantly increases the excessive trust of receivers while the overall percentage of truthful messages received does not change much with or without intervention. We offer a theoretical explanation for the behavior of senders and receivers, using a logit agent quantal response equilibrium (logit-AQRE) model incorporating a non-monetary lying cost for senders (like Peeters et al. in Scand J Econ 115(2):508-548, 2013). We show that our experimental findings are all consistent with the predictions of this model. Moreover, we find that the lying cost is significantly higher under intervention, implying that truthful intervention is beneficial for receivers and justified as a tool for policy makers acting on behalf of informationally inferior parties.en_US
dc.language.isoengen_US
dc.publisherSpringer Heidelbergen_US
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.subjectinterventionen_US
dc.subjectsender-receiver gameen_US
dc.subjecttrusten_US
dc.subjecttruth-tellingen_US
dc.subjectstrategic information transmissionen_US
dc.titleTruth-telling and trust in sender-receiver games with intervention: an experimental studyen_US
dc.typearticleen_US
dc.relation.journalReview Of Economic Designen_US
dc.contributor.departmentTOBB ETU, Faculty of Economics and Administrative Sciences, Department of Economicsen_US
dc.contributor.departmentTOBB ETÜ, İktisadi ve İdari Bilimler Fakültesi, İktisat Bölümütr_TR
dc.identifier.volume18
dc.identifier.issue2
dc.identifier.startpage83
dc.identifier.endpage103
dc.identifier.wosWOS:000336405600001
dc.identifier.scopus2-s2.0-84901319218
dc.contributor.tobbetuauthorÖzdoğan Atabay, Ayça
dc.contributor.tobbetuauthorSağlam, İsmail
dc.contributor.YOKid182115
dc.contributor.YOKid2844
dc.identifier.doi10.1007/s10058-013-0155-9
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıtr_TR


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