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  1. Delegation to a group
    Erschienen: May 2021
    Verlag:  IZA - Institute of Labor Economics, Bonn, Germany

    We study the choice of a principal to either delegate a decision to a group of careerist experts, or to consult them individually and keep the decision-making power. Our model predicts a trade-off between information acquisition and information... mehr

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    We study the choice of a principal to either delegate a decision to a group of careerist experts, or to consult them individually and keep the decision-making power. Our model predicts a trade-off between information acquisition and information aggregation. On the one hand, the expected benefit from being informed is larger in case the experts are consulted individually. Hence, the experts either acquire the same or a larger amount of information, depending on the cost of information, than in case of delegation. On the other hand, any acquired information is better aggregated in case of delegation, where experts can deliberate secretly. To test the model's key predictions, we run an experiment. The results from the laboratory confirm the predicted trade-off, despite some deviations from theory on the individual level.

     

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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/236457
    Schriftenreihe: Discussion paper series / IZA ; no. 14426
    Schlagworte: delegation; decision rights; committees; group decision-making; expert advice; strategic communication
    Umfang: 1 Online-Ressource (circa 53 Seiten), Illustrationen
  2. Designing communication hierarchies
    Autor*in: Migrow, Dimitri
    Erschienen: October 2018
    Verlag:  Centre for Research in Economic Theory and its Applications, Coventry, United Kingdom

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    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: Discussion paper series / Centre for Research in Economic Theory and its Applications ; no: 44
    Schlagworte: organizational design; strategic communication; information aggregation
    Umfang: 1 Online-Ressource (circa 65 Seiten), Illustrationen
  3. Information and authority in multi-divisional organizations
    Autor*in: Deimen, Inga
    Erschienen: 01 August 2023
    Verlag:  Centre for Economic Policy Research, London

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    Universitätsbibliothek Mannheim
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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: Array ; DP18341
    Schlagworte: strategic communication; delegation; authority; noisy information; common and private interests
    Umfang: 1 Online-Ressource (circa 40 Seiten), Illustrationen
  4. Communicating preferences to improve recommendations
    Autor*in: Habibi, Amir
    Erschienen: [2023]
    Verlag:  Collaborative Research Center Transregio 190, [München]

    I study a cheap talk model between a buyer and a seller with two goods for sale. There is two-sided (independent) private information with sequential, two-way communication. In the first stage, the buyer communicates her private preferences to the... mehr

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    I study a cheap talk model between a buyer and a seller with two goods for sale. There is two-sided (independent) private information with sequential, two-way communication. In the first stage, the buyer communicates her private preferences to the seller. In the second stage, the seller communicates the quality of the goods to the buyer. When the buyer's preference is about which attribute common to both goods she prefers, the seller strictly benefits from the buyer communicating her preferences. Whereas when the buyer's preference is about which good she prefers, this is never the case.

     

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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/282086
    Schriftenreihe: Discussion paper / Rationality & Competition, CRC TRR 190 ; no. 394 (May 10, 2023)
    Schlagworte: cheap talk; strategic communication; product recommendations
    Umfang: 1 Online-Ressource (circa 44 Seiten)
  5. Deception and reception
    the behavior of information providers and users
    Erschienen: 20 March 2017
    Verlag:  [Chapman University, Economic Science Institute], [Orange, CA]

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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: [Working papers / Chapman University, Economic Science Institute ; 17, 04]
    Schlagworte: experiment; strategic communication; risk; deception; investment advice
    Umfang: 1 Online-Ressource (circa 39 Seiten), Illustrationen
  6. Bayesian persuasion
    Erschienen: 2009

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    W 1 (15540)
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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Druck
    Schriftenreihe: NBER working paper series ; 15540
    Schlagworte: Kommunikation; Manipulation; Signalling; Spieltheorie; strategic communication
    Umfang: 66 S., graph. Darst.
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