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Social Learning and Coordination in High-Stakes Games : Evidence from Friend or Foe

Oberholzer-Gee, Felix - 2003

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

Persistent link: https://www.econbiz.de/10012468893

How Do Strategic Complementarity and Substitutability Shape Equilibrium Dynamics?

Beaudry, Paul; Galizia, Dana S.; Portier, Franck - National Bureau of Economic Research - 2024

Macroeconomic dynamics are shaped by how individual incentives to spend and accumulate interact with the decisions of others. The goal of this paper is to identify--within a simple large-game-theoretic structure--which types of agent interactions favor which types of dynamic equilibrium...

Persistent link: https://www.econbiz.de/10014635624

Image Versus Information : Changing Societal Norms and Optimal Privacy

Ali, S. Nageeb - 2016

We analyze the costs and benefits of using social image to foster virtuous behavior. A Principal seeks to motivate reputation-conscious agents to supply a public good. Each agent chooses how much to contribute based on his own mix of public-spiritedness, private signal about the value of the...

Persistent link: https://www.econbiz.de/10012456472

Favoritism Under Social Pressure

Garicano, Luis - 2001

This paper provides empirical evidence of favoritism by agents, where that favoritism is generated by social pressure. To do so, we explore the behavior of professional soccer referees. Referees have discretion over the addition of extra time at the end of a soccer game (called injury time), to...

Persistent link: https://www.econbiz.de/10012470344

Social Image and Economic Behavior in the Field : Identifying, Understanding and Shaping Social Pressure

Bursztyn, Leonardo - 2016

Many people care about how they are perceived by those around them. A number of recent field experiments in economics have found that such social image concerns can have powerful effects on a range of behaviors. In this paper, we first review this recent literature aimed at identifying social...

Persistent link: https://www.econbiz.de/10012455667

Categorical Cognition : A Psychological Model of Categories and Identification in Decision Making

Fryer, Roland G, Jr - 2003

There is a wealth of research in psychology demonstrating that agents process information with the aid of categories. In this paper we study this phenomenon in two parts. First, we build a model of how experiences are sorted into categories and how categorization affects decision making. Second,...

Persistent link: https://www.econbiz.de/10012469120

Information Dynamics and Equilibrium Multiplicity in Global Games of Regime Change

Angeletos, George-Marios - 2004

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

Persistent link: https://www.econbiz.de/10012467670

Coordination and Policy Traps

Angeletos, George-Marios - 2003

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

Persistent link: https://www.econbiz.de/10012468931

Rules, Coordination and Manipulability Among Arbitrators

Currie, Janet - 1991

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

Persistent link: https://www.econbiz.de/10012475176

Cheap Talk and Coordination in the Lab and in the Field : Collective Commercialization in Senegal

Aflagah, Fo Kodjo Dzinyefa - 2019

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 …

Persistent link: https://www.econbiz.de/10012479993