Preferences vs. strategic thinking: An investigation of the causes of overcommunication

J Lafky, EK Lai, W Lim - Games and Economic Behavior, 2022 - Elsevier
The extent of information sharing in strategic communication experiments persistently
exceeds what theory predicts. The literature identifies homegrown preferences and
heterogeneity in strategic thinking as two major causes of overcommunication. We design
an experiment that features team decisions and combines strategic and non-strategic
communication to evaluate these competing explanations. We find that (a) the vast majority
of strategic truthful behavior in communication of private information coincides with best …
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