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Communication and coordination in a two-stage game
Bjedov, Tjaša; Madiès, Thierry; Villeval, Marie-Claire - 2015
We study the impact of communication on behavior in a two-stage coordination game with asymmetric payoffs. We test … sustain coordination over time and alleviate the inequality induced by the asymmetry of payoffs. Third, communication …
Persistent link: https://www.econbiz.de/10010502689
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Equality concerns and the limits of self-governance in heterogeneous populations
Gangadharan, Lata; Nikiforakis, Nikos; Villeval, … - 2015
Mechanisms to overcome social dilemmas provide incentives to maximize efficiency. However, often – such as when agents are heterogeneous – there is a trade-off between efficiency and equality. Agents' concerns for equality in such instances can limit the ability of mechanisms to promote...
Persistent link: https://www.econbiz.de/10011346562