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direct and indirect connections. In addition to forming (costly) links, agents choose actions for a coordination game that … determines the level of decay of each link. We address the issues of coordination (long-run equilibrium selection) and network …
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frictions in the relations among agents are endogenous. Frictions are modeled as dependent on the result of a coordination game …
Persistent link: https://www.econbiz.de/10009731152
The need for efficient coordination is ubiquitous in organizations and industries. The literature on the determinants … of efficient coordination has focused on individual decision-making so far. In reality, however, teams often have to … coordinate with other teams. We present an experiment with 825 participants, using six different coordination games, where either …
Persistent link: https://www.econbiz.de/10009733222
direct and indirect connections. In addition to forming (costly) links, agents choose actions for a coordination game that … determines the level of decay of each link. We address the issues of coordination (long-run equilibrium selection) and network … risk-dominance play a crucial role in the long-run behavior of the system. -- coordination ; networks ; risk …
Persistent link: https://www.econbiz.de/10009735339
Persistent link: https://www.econbiz.de/10010199134
direct and indirect connections. In addition to forming (costly) links, agents choose actions for a coordination game that … determines the level of decay of each link. We address the issues of coordination (long-run equilibrium selection) and network …
Persistent link: https://www.econbiz.de/10010728203