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private provision of public goods. We examine whether reciprocity can resolve the associated coordination problem. The …
Persistent link: https://www.econbiz.de/10010383392
perceive a fundamental parameter with noise. We focus on 2 x 2 coordination games, which generate multiple equilibria when …
Persistent link: https://www.econbiz.de/10012698826
higher payoffs in the game when the talk is one-way as the truthful reports facilitate desired coordination. …
Persistent link: https://www.econbiz.de/10011761639
coordination. In a fixed interaction treatment, a vast majority of subjects quickly coordinates on the inefficient outcome. In a …
Persistent link: https://www.econbiz.de/10012506919
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 …
Persistent link: https://www.econbiz.de/10003923574
Even when labour mobility is low, international integration affectslabour markets by making jobs more mobile. This runs via product market integration, which is an essential element of European integration. Increasing job mobility aects the possibilities single countries perceive in pursuing...
Persistent link: https://www.econbiz.de/10011400674
provision of public goods and with it the welfare of all countries can be enhanced via tax coordination. Based on the standard … Zodrow-Mieszkowski-Wilson tax-competition model this paper analyses the conditions under which tax coordination by a group of …
Persistent link: https://www.econbiz.de/10010199703
Field evidence suggests that agents belonging to the same group tend to behave similarly, i.e., behavior exhibits social interaction effects. Testing for such effects raises severe identification problems. We conduct an experiment that avoids these problems. The main design feature is that each...
Persistent link: https://www.econbiz.de/10011507945
We consider dynamic competition among platforms in a market with network externalities. A platform that dominated the market in the previous period becomes "focal" in the current period, in that agents play the equilibrium in which they adopt the focal platform whenever such equilibrium exists....
Persistent link: https://www.econbiz.de/10011451079
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 …
Persistent link: https://www.econbiz.de/10011492032