【主讲】Roberto Weber 教授 (University of Zurich)
【主题】Managing Social Credibility: An Experiment on Coordination and Leadership
【时间】2012年12月12日 (周三) 15：30-17：00
【地点】上海财经大学经济学院楼701室
【语言】英文
【摘要】We study a situation in which independent agents face uncertainty about the return from costly and complementary investments to a joint venture. Our specific focus is on the role of a leader with private information, but whose interests are not always aligned with followers, in facilitating successful coordination through cheap-talk recommendation. We study the extent to which leaders in such situations "manage credibility," e.g., by forgoing potentially profitable opportunities to request investment in order to make it more likely that subsequent recommendations to invest are followed. We find clear evidence that leaders manage their credibility in this and other ways. We also study how distinct factors affect social credibility.
