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Communication and Coordination in Signalling Games: An Experimental Study
Sopher, Barry; Zapater, Inigo - 1998
Persistent link: https://www.econbiz.de/10010334318
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Communication and coordination in signalling games : an experimental study
Sopher, Barry; Zapater, Iñigo - 2000
games with costless communication. CMR is a non-equilibrium theory combining rationalizability with the idea that players …
Persistent link: https://www.econbiz.de/10011576913
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Do buyer groups facilitate collusion?
Normann, Hans-Theo; Rösch, Jürgen; Schultz, Luis Manuel - 2014 - [Rev.] November 2014
firms. Communication is often abused for explicit agreements and this strongly reduces competition. …
Persistent link: https://www.econbiz.de/10010428107
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Can fear cause economic collapse? Insights from an experimental study
Guarino, Antonio; Huck, Steffen; Jeitschko, Thomas D. - 2004
We study the behavior of experimental subjects who have to make a sequence of risky investment decisions in the presence of network externalities. Subjects follow a simple heuristic – investing after positive experiences and reducing their propensity to invest after a failure. This result...
Persistent link: https://www.econbiz.de/10010307025
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Panic bank runs
Kiss, Hubert János; Rodriguez-Lara, Ismael; … - 2017
coordination failures among depositors, the two main culprits identified in the literature. Depositors withdraw when they observe …
Persistent link: https://www.econbiz.de/10011944907
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The Determinants of Efficient Behavior in Coordination Games
Dal Bo, Pedro - 2020
We study the determinants of efficient behavior in stag hunt games (2x2 symmetric coordination games with Pareto ranked …
Persistent link: https://www.econbiz.de/10012833461
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Coordination and Learning in Dynamic Global Games : Experimental Evidence
Shurchkov, Olga - 2007
This paper uses a laboratory experiment to test the predictions of a dynamic global game designed to capture the self-fulfilling nature of speculative attacks. The game has two stages and a large number of heterogeneously informed agents deciding whether to attack the status quo. In the first...
Persistent link: https://www.econbiz.de/10012729505
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How Do Market Prices and Cheap Talk Affect Coordination?
Qu, Hong - 2013
studied, but how information affects strategic uncertainty is underexplored. This paper examines how two communication … fundamental and strategic uncertainty. I find that market does not improve coordination because the expectation that coordination … failures will occur is self-fulfilling, while cheap talk improves coordination because the signals of willingness to invest …
Persistent link: https://www.econbiz.de/10013079088
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Panic bank runs
Kiss, Hubert János; Rodríguez-Lara, Ismael; … - 2017
coordination failures among depositors, the two main culprits identified in the literature. Depositors withdraw when they observe …
Persistent link: https://www.econbiz.de/10011684569
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The Power of an Outside Option that Generates a Focal Point: An Experimental Investigation
Shahriar, Quazi - In: Economics Bulletin 31 (2011) 3, pp. 2151-2158
Existing experimental studies (Cooper, DeJong, Forsythe and Ross, 1993; Shahriar, 2009) have shown that an outside option, when offered to one of the two players who later participate in a battle-of-the-sexes game, makes the equilibrium that favors the same player focal. This focal point arises even...
Persistent link: https://www.econbiz.de/10011278681