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interaction effects. We conduct an experiment that avoids the identification problem present in the field. Our novel design …
Persistent link: https://www.econbiz.de/10002482525
This paper studies the effect of endogenous group formation on the outcome in two types of coordination games with … more groups within which they want to play the coordination game. In the theoretical part we show that a simple myopic best … reply dynamics under endogenous group formation leads to the payoff dominant outcome in both types of coordination games …
Persistent link: https://www.econbiz.de/10002881644
Persistent link: https://www.econbiz.de/10001760434
of play towards Nash equilibrium in repeated strategic interactions. We study behavior in a p-beauty contest experiment …
Persistent link: https://www.econbiz.de/10010364492
adverse labor market conditions. Unlike existing coordination-friction economies with fixed search intensity, the model can … are small and that search intensity is sufficiently procyclical. -- Matching function ; coordination frictions …
Persistent link: https://www.econbiz.de/10003755951
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
and financial incentives affect productivity in tasks that require coordination among workers. We simulate assembly line … production in a lab-in-the-field experiment in which workers exert real effort in a minimum-effort game in teams whose members …
Persistent link: https://www.econbiz.de/10011859500
Pareto-superior outcomes in classic weak-link coordination games. We show that effects of cohesion are economically large …
Persistent link: https://www.econbiz.de/10011670948
We build a model of conflict in which two groups contest a resource and must decide on the optimal allocation of labor between fighting and productive activities. In this setting, a diaspora emanating from one of the two groups can get actively involved in the conflict by transferring financial...
Persistent link: https://www.econbiz.de/10011544003
Persistent link: https://www.econbiz.de/10002226767