In this paper we test the AK model of growth with laboratory experiments. In each period, agents produce and trade …

equilibrium into a coordination game with a set of Pareto-superior equilibria. Thresholds may therefore improve efficiency in the … voluntary provision of public goods. In our one-shot experiment, we find that coordination often fails and exogenously imposed …, because voting may facilitate coordination due to signaling and commitment effects. We find that voting does have signaling …

We experimentally study decision-making in a novel dynamic coordination game. The game captures features of a … network has higher payoffs, but the transition is slow and costly. Coordination is required to implement the transition while …

equilibrium into a coordination game with a set of Pareto-superior equilibria. Thresholds may therefore improve efficiency in the … voluntary provision of public goods. In our one-shot experiment, we find that coordination often fails and exogenously imposed …, because voting may facilitate coordination due to signaling and commitment effects. We find that voting does have signaling …