Abstract
We use experimental methods to study the power of leading by words. The context is a voluntary contribution mechanism with one-way communication. One group member can send a free-form text message to his fellow players. Contrary to the commonly accepted wisdom that the cooperation-enhancing effect of communication requires the mutual exchange of promises, we find that the introduction of one-way communication increases contributions substantially and decreases their variation. When communication is one-shot, its effect on contribution levels persists over time. Moreover, one-way communication is effective even in the absence of strategic concerns.
| Original language | English |
|---|---|
| Pages (from-to) | 379-390 |
| Number of pages | 12 |
| Journal | Journal of Economic Behavior and Organization |
| Volume | 81 |
| Issue number | 2 |
| DOIs | |
| Publication status | Published - 2012 |
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