TY  - UNPD
A1  - Bruttel, Lisa Verena
A1  - Petrishcheva, Vasilisa
T1  - Does communication increase the precision of beliefs?
T2  - CEPA Discussion Papers
N2  - In this paper, we study one channel through which communication may facilitate cooperative behavior – belief precision. In a prisoner’s dilemma experiment, we show that communication not only makes individuals more optimistic that their partner will cooperate but also increases the precision of this belief, thereby reducing strategic uncertainty. To disentangle the shift in mean beliefs from the increase in precision, we elicit beliefs and precision in a two-stage procedure and in three situations: without communication, before communication, and after communication. We find that the precision of beliefs increases during communication.
T3  - CEPA Discussion Papers - 74 
KW  - prisoner’s dilemma
KW  - communication
KW  - beliefs
KW  - strategic uncertainty
KW  - experiment
Y1  - 2024
UR  - https://publishup.uni-potsdam.de/frontdoor/index/index/docId/62936
UR  - https://nbn-resolving.org/urn:nbn:de:kobv:517-opus4-629367
SN  - 2628-653X
IS  - 74
SP  - 1
EP  - 33
ER  -