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Costless pre-play communication has been found to effectively facilitate coordination and enhance efficiency in games with Pareto-ranked equilibria. We report an experiment in which two groups compete in a weakest-link contest by expending costly efforts. Allowing intra-group communication leads...
Persistent link: https://www.econbiz.de/10010664597
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...
Persistent link: https://www.econbiz.de/10010573229
“divided loyalties” and “conditional cooperation” perspectives – that give opposite predictions about how individuals will …
Persistent link: https://www.econbiz.de/10010817440
Costless pre-play communication has been found to effectively facilitate coordination and enhance efficiency in games with Pareto-ranked equilibria. We report an experiment in which two groups compete in a weakest-link contest by expending costly efforts. Allowing intra-group communication leads...
Persistent link: https://www.econbiz.de/10008642476
simultaneous social dilemmas. The divided-loyalty hypothesis, from organizational theory, predicts that cooperation will decline as … individuals experience multiple social dilemmas with different compared to the same group members. The conditional-cooperation … hypothesis, from behavioral economics, predicts that cooperation will increase as individuals experience multiple social dilemmas …
Persistent link: https://www.econbiz.de/10010891247