perceive a fundamental parameter with noise. We focus on 2 x 2 coordination games, which generate multiple equilibria when …

We analyze a coordination game with information-constrained players. The players' actions are based on a noisy … environment. We apply our model to the coordination game in the experiment of Frydman and Nunnari (2023), and show that it offers …

business stealing effect. Commercialization support induces entrepreneurship but may lead to mediocre entrepreneurship by … inducing entrepreneurs to choose less risky projects, whereas R&D support encourages entrepreneurship without affecting the … type of entrepreneurship. We develop a regression framework to test empirical predictions of the model. Within our …

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

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

coordination. In a fixed interaction treatment, a vast majority of subjects quickly coordinates on the inefficient outcome. In a …

. Barriers to entrepreneurship, to setting up new firms and to innovations which are prevalent on goods and capital markets also …