Coordination is central to social interactions. Theory and conventional lab experiments suggest that cheap talk …/communication can enhance coordination under certain conditions. Two aspects that remain underexplored are (1) the interaction between … both of these by studying a typical naturally-occurring setting that requires coordination; that is, one where members of …

that pit professionals against preprogrammed computers, and (2) post-experiment questionnaires. The most likely explanation …

-stakes environment. For most others, improved coordination implies a drastic decline in monetary winnings. Prior to playing the social …

Global games of regime change -- that is, coordination games of incomplete information in which a status quo is …

participants play a coordination game with information heterogeneity. We consider defense policies against speculative currency …

. However, coordination on a rule leaves arbitrators as a group vulnerable to manipulation by coalitions of employers or …

versus equal outcomes). In a laboratory experiment, the most common behavioral pattern is for subjects to select the ex ante …