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out of a situation of coordination failure. We focus on the connections between cost asymmetries and leadership … with symmetric costs. The overall pattern of coordination improvement is common across treatments. Early coordination … find that initial leadership in overcoming coordination failure is not driven by low-cost subjects but by subjects with the …
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phase, the benefits of coordination are low relative to the cost of increased effort. Play in this initial phase typically … the benefits of coordination leads to improved coordination, but, surprisingly, large increases have no more impact than …
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managerial intervention subjects invariably slip into coordination failure. To overcome a history of coordination failure …
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either start with low financial incentives for coordination, which typically leads to coordination failure, and then are … switched to higher incentives or start with high incentives, which typically yield effective coordination, and are switched to …
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The model we discuss in this note is a re-examination of the classical Bertrand model of imperfect competition. the main difference is that consumers are allowed to have some strategic behavior when deciding from which one of the two sellers to buy. We will approach the resolution of the...
Persistent link: https://www.econbiz.de/10005823960