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Coordination and Critical Mass in a Network Market - An Experimental Evaluation
Etziony, Amir; Weiss, Avi - 2002
In this paper we present the results of an experiment aimed at testing the ability of consumers to coordinate actions in a market in which network externalities are present. Such markets are characterized by the necessity for consumers to believe that a certain minimum number of people will buy...
Persistent link: https://www.econbiz.de/10013204718
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Categorization and coordination
Daskalova, Vessela; Vriend, Nicolaas J. - 2014
The use of coarse categories is prevalent in various situations and has been linked to biased economic outcomes, ranging from discrimination against minorities to empirical anomalies in financial markets. In this paper we study economic rationales for categorizing coarsely. We think of the way...
Persistent link: https://www.econbiz.de/10011380993
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Communication and Coordination in Signalling Games: An Experimental Study
Sopher, Barry; Zapater, Inigo - 1998
Persistent link: https://www.econbiz.de/10010334318
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The dire effects of the lack of monetary and fiscal coordination
Bianchi, Francesco; Melosi, Leonardo - 2017
What happens if the government's willingness to stabilize a large stock of debt is waning, while the central bank is adamant about preventing a rise in inflation? The large fiscal imbalance brings about inflationary pressures, triggering a monetary tightening, further debt accumulation, and...
Persistent link: https://www.econbiz.de/10012030336
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Truth by consensus: A theoretical and empirical investigation
Camera, Gabriele; Garratt, Rod; Monnet, Cyril - 2024
Truthful reporting about the realization of a publicly observed event cannot be guaranteed by a consensus process. This fact, which we establish theoretically and verify empirically, holds true even if some individuals are compelled to tell the truth, regardless of economic incentives. We...
Persistent link: https://www.econbiz.de/10014540144
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Stereotypes, Sex Discrimination and Paranoia - an experimental study
Holm, Håkan J. - 2000
We analyze results from two categories of experiments where the subjects received controlled signals about the sex of their co-players. In a series of Battle of the Sexes experiments the subjects played more hawkish against women than against men. The impact of the sex signal was most pronounced...
Persistent link: https://www.econbiz.de/10013208402
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Conditioned Actions in Strategic Coordination Games
Engseld, Peter - 2005
A simple symmetric 2 "e 2 strategic coordination game is analyzed in an evolutionary environment under the assumption …
Persistent link: https://www.econbiz.de/10013208487
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Free-riding on Communication: An Experimental Study
Andersson, Ola; Holm, Håkan J. - 2011
This paper experimentally investigates free-riding behavior on communication cost in a coordination game and finds …
Persistent link: https://www.econbiz.de/10013208556
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Let's Talk It Over: Communication and Coordination in Teams
Dietrichson, Jens; Gudmundsson, Jens; Jochem, Torsten - 2018
difficult coordination problems. We develop a model and run simulations to analyze how costly communication affects team … coordination and output efficiency. We show that absent any organizational routines to structure team communication the least … several communication routines that improve team coordination and organizational efficiency. Our model and simulation results …
Persistent link: https://www.econbiz.de/10013208672
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Discontinuous and Continuous Stochastic Choice and Coordination in the Lab
Goryunov, Maxim; Rigos, Alexandros - 2020
Coordination games have multiple equilibria under complete information. However, recent theoretical advances show that …
Persistent link: https://www.econbiz.de/10013208880