Showing 1 - 10 of 176
choice affects coordination. In a fixed interaction treatment, a vast majority of subjects quickly coordinates on the …
Persistent link: https://www.econbiz.de/10013232410
networks, such coordination may be very difficult to achieve and may depend on the communication technology and the network … structure. We examine how pre-play communication and clustering within networks affect coordination in a challenging … outcome in our game, but restricted communication (where subjects can only indicate their intended action) is almost entirely …
Persistent link: https://www.econbiz.de/10012866385
at coordinating action by followers. Two experiments using coordination games investigate whether female leaders are less …
Persistent link: https://www.econbiz.de/10013314898
coordination is difficult without a communication option but obtains regularly with mandatory costless pre-play messages. We find … coordination can occur with similar frequency as under costless communication. These findings can be accounted for by …We experimentally study optional costly communication in Stag-Hunt games. Prior research demonstrates that efficient …
Persistent link: https://www.econbiz.de/10011522458
examines two examples, both of which involve the theory of coordination games: 1) the location of markets inside EverQuest, and … 2) the selection of battlefields inside Dark Age of Camelot. Coordination game theory is quite important to a number of …
Persistent link: https://www.econbiz.de/10010261387
We focus on the role that the transmission of information between a multilateral (the IMF) and a country has for the optimal design of conditional reforms. Our model predicts that when agency problems are especially severe, and/or IMF information is valuable, a centralized control is indeed...
Persistent link: https://www.econbiz.de/10010264578
This paper characterizes geometrically the set of all Nash equilibrium payoffs achievable with unmediated communication …
Persistent link: https://www.econbiz.de/10010273734
central bank actions. We examine whether communication by the European Central Bank (ECB) adds information compared to the … ECB communication that are all based on the ECB President's introductory statement at the press conference following an … included in our Taylor rule model, the ECB communication indicators remain significant. …
Persistent link: https://www.econbiz.de/10010274048
in quantity and quality of output. We use data from a controlled field experiment that changed the communication of the …
Persistent link: https://www.econbiz.de/10010281805
shock and a discretionary buyer transfer. In the absence of communication, we find that rigid contracts are more frequent … and lead to higher earnings for both buyer and seller. By contrast, in the presence of communication, flexible contracts … considerably more from flexible with communication than rigid without communication. Our results show quite strongly that …
Persistent link: https://www.econbiz.de/10010287198