. Whereas agents have a coordination motive to take the same position, at the social level effective market coordination per se …

Global Games approach we can solve this coordination problem and eliminate the problem of multiple equilibria. We show how …

. Groups play a repeated coordination game in which they can agree on a payoff-dominant or a payoff-dominated but ideologically …

’ behavior mostly converges to collectively inefficient outcome. However, in the field, interaction neighborhoods often can be … coordination. In a fixed interaction treatment, a vast majority of subjects quickly coordinates on the inefficient outcome. In a … treatment with neighborhood choice, the outcome is dramatically different: behavior quickly converges to the socially desirable …

coordinate their choices. Once participants had established a coordination norm, an intervention created pressure to tip to a new …

We propose and experimentally test a theory of strategic behavior in which players are cognitively imprecise and … perceive a fundamental parameter with noise. We focus on 2 x 2 coordination games, which generate multiple equilibria when … players use a simple cutoff strategy. The model further predicts that behavior is context-dependent: players implement the …

higher payoffs in the game when the talk is one-way as the truthful reports facilitate desired coordination. …

private provision of public goods. We examine whether reciprocity can resolve the associated coordination problem. The …