Does communication increase the precision of beliefs?

C-Tier
Journal: Economics Letters
Year: 2024
Volume: 244
Issue: C

Authors (2)

Bruttel, Lisa (Universität Potsdam) Werner, Vasilisa (not in RePEc)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

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

Abstract

This paper explores one channel in which communication facilitates cooperation — belief precision. A prisoner’s dilemma experiment shows that communication not only promotes optimism about the partner’s cooperation but also increases the precision of this belief, thereby reducing strategic uncertainty.

Technical Details

RePEc Handle
repec:eee:ecolet:v:244:y:2024:i:c:s0165176524005160
Journal Field
General
Author Count
2
Added to Database
2026-01-24