Words, Deeds, and Lies: Strategic Behaviour in Games with Multiple Signals

S-Tier
Journal: Review of Economic Studies
Year: 2006
Volume: 73
Issue: 3
Pages: 669-688

Authors (2)

John Duffy (not in RePEc) Nick Feltovich (Monash University)

Score contribution per author:

4.022 = (α=2.01 / 2 authors) × 4.0x S-tier

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

Abstract

We report the results of an experiment in which subjects play games against changing opponents. In one treatment, “senders” send “receivers” messages indicating intended actions in that round, and receivers observe senders' previous-round actions (when matched with another receiver). In another treatment, the receiver additionally observes the sender's previous-round message to the previous opponent, enabling him to determine whether the sender had lied. We find that allowing multiple signals leads to better outcomes when signals are aligned (all pointing to the same action), but worse outcomes when signals are crossed. Also, senders' signals tend to be truthful, though the degree of truthfulness depends on the game and treatment, and receivers' behaviour combines elements of pay-off maximization and reciprocity. Copyright 2006, Wiley-Blackwell.

Technical Details

RePEc Handle
repec:oup:restud:v:73:y:2006:i:3:p:669-688
Journal Field
General
Author Count
2
Added to Database
2026-01-25