Tuning one's shower in some hotels may turn into a challenging coordination game with imperfect information. The …

benefit from coordination (or centralization) of search activities. We test the conjecture that agents gain from coordination … with a between-subject design in two treatments. In the experiments we find no gains from coordination. Instead, we find …

coordination game with multiple Pareto-ranked Nash equilibria. Because the more efficient equilibria involve a degree of strategic … results suggest that leadership does indeed increase coordination and efficiency. In particular, with leadership we typically …

diminishes creditor coordination failure whenever the firm is expected to be in distress. …

what kind of formats are in place related to coordination and networking of border regions within national settings. The …, namely centralist, decentral and selective coordination as well as transnational and laisser-faire approaches. On this basis … spielt. Es stellt sich die Frage, welche Formate der Koordination und Vernetzung von Grenzregionen im nationalen Rahmen …

familiar problem of coordination failure arises giving rise to multiple equilibria; any one of many possible trade agreements …

Environmental policy provides one of the oldest and most puzzling cases of policy coordination in the European Union … settings has, however, mostly been ignored. This paper analyses the administrative coordination mechanisms at the micro … objective. Using different theories of coordination, this paper concludes that all three have relied too heavily on setting long …

Using a laboratory experiment, we examine whether informal monetary sanctions can lead to better coordination in a … repeated minimum effort coordination game. While most groups first experience inefficient coordination, the efficiency … efficiency. This suggests that decentralized monetary sanctions can play a major role as a coordination device in Pareto …

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 …