Showing 1 - 10 of 267
This paper reports the results of an experiment designed to assess the ability of an incumbent seller to profitably … contracts with the incumbent. When discrimination is impossible, the game resembles a stag-hunt (coordination) game in which the …
Persistent link: https://www.econbiz.de/10005835746
of member change on performance? To answer these questions we conduct an experiment in which we investigate the effect of … newcomers on a group’s ability to coordinate efficiently. Participants play a coordination game in a four-person group for the … first part of the experiment, and then two members of the group are replaced with new participants, and the newly formed …
Persistent link: https://www.econbiz.de/10011259957
Motivated by problems of coordination failure observed in weak-link games, we experimentally investigate behavioral … spillovers for minimum- and median-effort coordination games. Subjects play these coordination games simultaneously and … sequentially. The results show that successful coordination on the Pareto optimal equilibrium in the median game influences …
Persistent link: https://www.econbiz.de/10011109994
This experiment investigates contests between groups. Each group has one strong player, with a higher valuation for the …
Persistent link: https://www.econbiz.de/10011111607
Costless pre-play communication has been found to effectively facilitate coordination and enhance efficiency in games … with Pareto-ranked equilibria. We report an experiment in which two groups compete in a weakest-link contest by expending … costly efforts. Allowing intra-group communication leads to more aggressive competition and greater coordination than control …
Persistent link: https://www.econbiz.de/10011113027
potentially divisible resource. We design an experiment to compare individuals’ decisions across three resource allocation …
Persistent link: https://www.econbiz.de/10011259038
, despite the absence of free-riding incentives. In a laboratory experiment, subjects indeed under-contribute relative to …
Persistent link: https://www.econbiz.de/10011109699
A new mechanism that substantially mitigates social dilemmas is examined theoretically and experimentally. It resembles the voluntary contribution mechanism (VCM) except that in each decision round subjects are ranked and then grouped according to their public contribution. The game has multiple...
Persistent link: https://www.econbiz.de/10005621227
multi-player coordination game with conflicting preferences. Network structure matters but the interaction between network … coordination and distribution of coordinated outcomes across networks. But increasing the communication length improves both … efficiency an equity of coordination. In all treatments, coordination is mostly explained by convergence in communication. We …
Persistent link: https://www.econbiz.de/10008587475
first part of the experiment is seen as a kind of training period. The different treatments of the coordination game are, in …This paper revisited Gregory Bateson’s theory of hierarchical learning through an experiment testing the existence of … context effect and learning spill-over in two following games: a coordination game and a two-step battle-of-the sexes. The …
Persistent link: https://www.econbiz.de/10008784631