Showing 61 - 68 of 68
production as a coordination game with Pareto-ranked equilibria. We initially create an efficient group and an inefficient one … restrictions in different ways to help understand why the institutions are effective in maintaining coordination. We find that both … restrictions work to maintain efficient coordination but they are effective for different reasons. …
Persistent link: https://www.econbiz.de/10009358878
Costless pre-play communication has been found to effectively facilitate coordination and enhance efficiency in games … costly efforts. Allowing intra-group communication leads to more aggressive competition and greater coordination than control … experimental findings from public goods and other coordination games, where communication always enhances efficiency and often …
Persistent link: https://www.econbiz.de/10008642476
Schott et al. (2007) have shown that the “tragedy of the commons” can be overcome when individuals share their output equally in groups of optimal size and there is no communication. In this paper we investigate the impact of introducing communication groups that may or may not be linked to...
Persistent link: https://www.econbiz.de/10008642483
This paper examines whether and how cheap talk communication can facilitate within-group coordination when two unequal … improves coordination. To measure how much miscoordination remains, we employ a control treatment where miscoordination is …
Persistent link: https://www.econbiz.de/10010817248
We present an economic experiment on network formation, in which subjects can decide to form links to one another. Direct links are costly but being connected is valuable. The game-theoretic basis for our experiment is the model of Bala and Goyal (2000). They distinguish between two scenarios...
Persistent link: https://www.econbiz.de/10005760915
It has often been pointed out in the literature that a symbiotic relationship exists between terrorist groups and the media. As yet, however, no formal model has been built based on this issue and only very little empirical research has been done in this field. The present contribution builds a...
Persistent link: https://www.econbiz.de/10005463531
This paper studies coordination in a multi-stage elimination tournament with large monetary incentives and a …
Persistent link: https://www.econbiz.de/10005627783
.The experiments consider networks of coordination and cooperation,buyer-seller net- works,and network formation. …
Persistent link: https://www.econbiz.de/10005627865