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 …

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 …

leads to weaker incentives for effort, compared with nonintegration. Our theory makes minimal assumptions about the … division managers. The division managers' job is to create profitable investment projects. Giving the managers incentives to do …' incentives. The resulting tradeoff between a better use of resources and diminished incentives for effort determines whether …

about how the coordination of hours among heterogenous coworkers affects pay, productivity and labor supply. In this paper … between wages, productivity and the degree of hours coordination - measured as the dispersion of hours - within firms. We then … coordination is associated with attenuated labor supply elasticity and spillovers on coworkers not directly affected by the tax …

adverse labor market conditions. Unlike existing coordination-friction economies with fixed search intensity, the model can …

This paper investigates the effects of managerial incentives on favoritism in promotion decisions. First, we … mitigated by pay-for-performance incentives for managers who decide upon promotion. Second, we analyze matched employer …

Conventional wisdom suggests that an increase in monetary incentives should induce agents to exert higher effort. In … with positive externalities between agents, incentive reversal might occur: an increase in monetary incentives (either …