Language and Trade in Artificial Codes: The Role of Trade Gains

  • Yiting GUO (Speaker)

Activity: Talks or PresentationsOther Invited Talks or Presentations

Description

Using a communiation game between individuals endowed with different languages, this paper experimentally investigate the role of trade benefits in the formation of a common language between the two individuals, under the highly abstract trade context. We find evidence from the laboratory that the agents who benefits more from the trade is more likely to learn/adopt the opponent's language. Interestingly, trade gains also appear to incentivize senders to develop compositional languages that facilitate learning and communication efficiency.
Period19 Apr 2024
Event titleECON Topic Defence Seminars
Event typeSeminar
OrganiserDepartment of Economics
LocationHong Kong, Hong KongShow on map