laboratory binary choice minimum-effort coordination game, we randomly assign participants to three treatments: starting and … propose a theory based on belief updating to explain why gradualism works. We also discuss alternative explanations such as … reinforcement learning, conditional cooperation, inertia, preference for consistency, and limited attention. Our findings point to a …

Numerous studies have looked at the factors that influence the likelihood of successful coordination. Two of the most … results concerning the negative effect of group size on risky-strategy play and successful coordination. Also consistent with …

.The experiments consider networks of coordination and cooperation,buyer-seller net- works,and network formation. …

that some kind of revision takes place during the stoppage that promotes cooperation. This research posits that certain … common knowledge about when the stoppage occurs creates a “coordination moment” where group members simultaneously engage in … revision and attempt to re-coordinate on a higher contribution level. Following Schelling’s description that such coordination …

levels relative to the VCM. Important differences exist between the rules. Contrary to theory predictions, the equal …

We run several experiments which allow us to compare cooperation under perfect and imperfect information and under a … centralized and decentralized punishment regime. We nd that (1) centralization by itself does not improve cooperation and welfare … decentralized punishment, that is, it leads to signicantly lower cooperation and welfare (total prots). Our results shed critical …

frequently as well as that institution formation has a positive impact on cooperation rates and group welfare. However, the data … institution formation process is guided by behavioral principles not taken into account by standard theory. …