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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
The paper explores how elites can develop capacity for collective agency through coordination. Elites' challenge is to …
Persistent link: https://www.econbiz.de/10013269240
We introduce intention-based social preferences into a Bayesian mechanism design framework. We first show that, under common knowledge of social preferences, any tension between material efficiency, incentive compatibility, and voluntary participation can be resolved. Hence, famous impossibility...
Persistent link: https://www.econbiz.de/10010316927
We introduce intention-based social preferences into a mechanism design framework with independent private values and quasilinear payoffs. For the case where the designer has no information about the intensity of social preferences, we provide conditions under which mechanisms which have been...
Persistent link: https://www.econbiz.de/10011282463
A group of heterogeneous agents may form partnerships in pairs. All single agents as well as all partnerships generate values. If two agents choose to cooperate, they need to specify how to split their joint value among one another. In equilibrium, which may or may not exist, no agents have...
Persistent link: https://www.econbiz.de/10013208631
We experimentally explore the role of collective incentives in sustaining cooperation in finitely repeated public goods games with imperfect monitoring. In our experiment players only observe noisy signals about individual contributions, while total output is perfectly observed. We consider...
Persistent link: https://www.econbiz.de/10013208811
We introduce a general class of simplicity standards that vary the foresight abilities required of agents in extensive-form games. Rather than planning for the entire future of a game, agents are presumed to be able to plan only for those histories they view as simple from their current...
Persistent link: https://www.econbiz.de/10012588492
This paper examines whether and how cheap talk communication can facilitate within-group coordination when two unequal … improves coordination. To measure how much miscoordination remains, we employ a control treatment where miscoordination is …
Persistent link: https://www.econbiz.de/10010316824
. We use a coordination game with Pareto-ranked equilibria, in which we allow an effciently-coordinated group and an …
Persistent link: https://www.econbiz.de/10010316829
We study communication in a two-player coordination game with Pareto-ranked equilibria. Prior research demonstrates … that efficient coordination is difficult without communication but obtains regularly with (mandatory) costless pre … costs dramatically reduce message use, but efficient coordination of actions occurs with similar frequency to that observed …
Persistent link: https://www.econbiz.de/10011282459