Not just babble: Opening the black box of communication in a voluntary contribution experiment

B-Tier
Journal: European Economic Review
Year: 2009
Volume: 53
Issue: 3
Pages: 309-326

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We let subjects in a voluntary contribution experiment make non-binding numerical announcements about their "possible" contributions and, in some treatments, send written promises to contribute specific amounts. We find that announcements were responded to both by others' announcements and by real play, for example announcements led to costly punishment when found to be misleading. We also find that adding pre-play announcements to treatments with punishment can increase efficiency by letting cost-free warnings substitute for costly punishment. The threat of punishing false announcements and promises helps reduce false signals, but only when promise statements can be sent is the effect sufficient for achieving greater efficiency.

Technical Details

RePEc Handle
repec:eee:eecrev:v:53:y:2009:i:3:p:309-326
Journal Field
General
Author Count
2
Added to Database
2026-01-24