This paper provides a formal analysis on the investment coordination problem in a vertically separated electricity … decisions of network and power plants need to be coordinated. In unbundled markets, firm-internal coordination no longer applies …. We develop a formal approach to examine whether simple information exchange (“cheap talk”) could restore coordination. We …

to signal her forecast information. We show that channel coordination is possible even under asymmetric forecast …

at the larger picture, which throws light on the role game theory might play in ethics. I conclude that game theory …’s conclusions have nothing directly to do with ethics. Game theory suggests the means to certain ends, but the ethics of both the … disputable assumptions in order to fit résumés into game theory; his analysis does not take into account the consequences that …

) experiments on tacit coordination. Section 1 introduces the concept of focal point equilibrium selection in tacit one …-shot symmetric pure coordination games, as presented by Schelling in his classic article; it then traces its subsequent exploration … design of the intercultural tacit coordination experiment, and section 3 the results. Finally, section 4 presents a very …

consider that not everybody can speak their language, converting the language choice into strategic,coordination-like situation …

question with a simple three-country neo-keynesian model. With the help of game theory?s results, we show that the comparison … different, other types of free-rider problem can occur, which can preclude coordination. …