Showing 1 - 10 of 37
newcomers on a group’s ability to coordinate efficiently. Participants play a coordination game in a four-person group for the …
Persistent link: https://www.econbiz.de/10011259957
Motivated by problems of coordination failure observed in weak-link games, we experimentally investigate behavioral … spillovers for minimum- and median-effort coordination games. Subjects play these coordination games simultaneously and … sequentially. The results show that successful coordination on the Pareto optimal equilibrium in the median game influences …
Persistent link: https://www.econbiz.de/10010817389
players expend significantly higher efforts than predicted by theory. In best-shot contests, where group performance depends …
Persistent link: https://www.econbiz.de/10010817442
Motivated by problems of coordination failure observed in weak-link games, we experimentally investigate behavioral … spillovers for minimum- and median-effort coordination games. Subjects play these coordination games simultaneously and … sequentially. The results show that successful coordination on the Pareto optimal equilibrium in the median game influences …
Persistent link: https://www.econbiz.de/10011109994
players expend significantly higher efforts than predicted by theory. In best-shot contests, where group performance depends …
Persistent link: https://www.econbiz.de/10011111607
Costless pre-play communication has been found to effectively facilitate coordination and enhance efficiency in games … costly efforts. Allowing intra-group communication leads to more aggressive competition and greater coordination than control … experimental findings from public goods and other coordination games, where communication always enhances efficiency and often …
Persistent link: https://www.econbiz.de/10011113027
Bayesian equilibria are characterized by means of consistency and one-person rationality in combination with non-emptiness or converse consistency. Moreover, strong and coalition-proof Bayesian equilibria of extended Bayesian games are introduced and it is seen that these notions can be...
Persistent link: https://www.econbiz.de/10011087096
Persistent link: https://www.econbiz.de/10011087201
Persistent link: https://www.econbiz.de/10011091368
This paper considers a refinement of equilibria for multicriteria games based on the perfectness concept of Selten (1975). Existence of perfect equilibrium points is shown and several characterizations are provided. Furthermore, contrary to the result for equilibria for multicriteria games, an...
Persistent link: https://www.econbiz.de/10011092242