This paper provides experimental evidence on the formation of partial cartels with endogenous coordination. Firms face … a coordination challenge when a partial cartel is to be formed as every firm is better off if it is not inside the … cartel but is a free-riding outsider. We introduce a three-stage mechanism with communication which facilitates the formation …

We study the impact of communication on behavior in a two-stage coordination game with asymmetric payoffs. We test … sustain coordination over time and alleviate the inequality induced by the asymmetry of payoffs. Third, communication …

We study the impact of communication on behavior in a two-stage coordination game with asymmetric payoffs. We test … sustain coordination over time and alleviate the inequality induced by the asymmetry of payoffs. Third, communication …

Cooperative Game Theory (CGT) modified into a coordination experiment. Aims. This article has two aims: first, to suggest an … analytical framework focusing on four attributes (Repetition, Illustration, Communication, and Experience) representative of the … non-repeated treatments, the combination of Illustration and Communication modified the players’ choices observed in the …

We study communication in a two-player coordination game with Pareto-ranked equilibria. Prior research demonstrates … that efficient coordination is difficult without communication but obtains regularly with (mandatory) costless pre …-play messages. In a laboratory experiment, we modify communication by making the sending of messages optional and costly. Even small …

. When forecasts are private information, there are at most two equilibria: a complete coordination failure or a monotone … sufficiently low. We also show that both truthful information sharing and preplay communication have an equilibrium with higher … that preplay communication may be more effective at increasing profits than truthful information sharing. Finally, we …

reducing efforts. In our experiment we control the channels of communication by letting subjects communicate through an …We study the effects of communication in an experimental tournament between teams. When teams, rather than individuals …, compete for a prize there is a need for intra-team coordination in order to win the inter-team competition. Introducing …

For our experiment on corruption, we designed a coordination game to model the influence of risk attitudes, beliefs …

For our experiment on corruption we designed a coordination game to model the influence of risk attitudes, beliefs, and …