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Title:Can there be a market for cheap-talk information? : some experimental evidence Author(s):CABRALES, Antonio; FERI, Francesco; GOTTARDI, Piero
; MELÉNDEZ-JIMÉNEZ, Miguel A.Date:2016Type:Working PaperSeries/Number:EUI ECO; 2016/07Abstract:This paper reports on experiments testing the viability of markets for cheap talk information. We find that these markets are fragile. The reasons are surprising given the previous experimental results on cheap-talk games. ...
; MELÉNDEZ-JIMÉNEZ, Miguel A.Date:2016Type:Working PaperSeries/Number:EUI ECO; 2016/07Abstract:This paper reports on experiments testing the viability of markets for cheap talk information. We find that these markets are fragile. The reasons are surprising given the previous experimental results on cheap-talk games. ...