Showing 1 - 10 of 334
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
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
Field evidence suggests that people belonging to the same group often behave similarly, i.e., behaviour exhibits social interaction effects. We conduct an experiment that avoids the identification problem present in the field. Our novel design feature is that each subject simultaneously is a...
Persistent link: https://www.econbiz.de/10002482525
classic coordination problem exists. Using a well-established paradigm, we examine how a common cognitive state (insufficient … sleep) impacts coordination outcomes. Our data indicate that insufficient sleep increases coordination failure costs, which …
Persistent link: https://www.econbiz.de/10012213883
than the marginal benefit for the community. This result stresses one source of coordination failure within the EMU. …
Persistent link: https://www.econbiz.de/10011411427
When groups face difficult problems, the voice of experts may be lost in the noise of others' contributions. We present results from a 'naturally noisy' setting, a large first-year undergraduate class, in which the 'expert's voice is lost' to such a degree that it is in fact optimal for all...
Persistent link: https://www.econbiz.de/10012257743
-registered replication, reveals strong positive associations between group cohesion and performance assessed in weak-link coordination games …
Persistent link: https://www.econbiz.de/10013347150
There is continuing debate about what explains cooperation and self-sacrifice in nature and in particular in humans. This paper suggests a new way to think about this famous problem. I argue that, for an evolutionary biologist as well as a quantitative social scientist, the triangle of two...
Persistent link: https://www.econbiz.de/10010235846
In this paper, we describe a series of laboratory experiments that implement specific examples of a more general network structure and we examine equilibrium selection. Specifically, actions are either strategic substitutes or strategic complements, and participants have either complete or...
Persistent link: https://www.econbiz.de/10010344833
We experimentally investigate multiple notions of equity in ultimatum bargaining with asymmetric outside options. Building on the generalized equity principle formulated by Selten (1978), we derive three different equity rules that can explain 43% of all offers. Our within-subject design further...
Persistent link: https://www.econbiz.de/10010191262