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Pareto-superior outcomes in classic weak-link coordination games. We show that effects of cohesion are economically large …
Persistent link: https://www.econbiz.de/10011670948
Persistent link: https://www.econbiz.de/10008695870
social interaction effects. Testing for such effects raises severe identification problems. We conduct an experiment that …
Persistent link: https://www.econbiz.de/10011507945
interaction effects. We conduct a laboratory experiment that avoids the identification problem present in the field and allows us … behavior in a coordination game with multiple equilibria and a public goods game, which has only one equilibrium in material … ; identification ; experiments ; coordination ; cooperation …
Persistent link: https://www.econbiz.de/10003799774
interaction effects. We conduct an experiment that avoids the identification problem present in the field. Our novel design …
Persistent link: https://www.econbiz.de/10002482525
Experimental research has shown that ordinary people often perform remarkably well in solving coordination games that … involve no conflicts of interest. While most experiments in the past studied such coordination games among socially distant … anonymous players, here we study behaviour in a set of two player coordination games and compare the outcomes depending on …
Persistent link: https://www.econbiz.de/10012704757
interaction effects. We conduct an experiment that avoids the identification problem present in the field. Our novel design …
Persistent link: https://www.econbiz.de/10013319910
interaction effects. We conduct an experiment that avoids theidentification problem present in the field. Our novel design feature …
Persistent link: https://www.econbiz.de/10014261034
and uncover a new behavioral foundation for the use of monetary systems. In an experiment, anonymous subjects could … coordination on intertemporal cooperation in ways that networks of strangers were unable to achieve through social norms. …
Persistent link: https://www.econbiz.de/10011735015
regime is a stronger coordination device if the disutility from smoking is large. If all bars allow smoking in equilibrium, a …
Persistent link: https://www.econbiz.de/10003951734