Showing 1 - 10 of 446
difficult coordination problems. We develop a model and run simulations to analyze how costly communication affects team … coordination and output efficiency. We show that absent any organizational routines to structure team communication the least … several communication routines that improve team coordination and organizational efficiency. Our model and simulation results …
Persistent link: https://www.econbiz.de/10013208672
characterize the set of equilibria of coordination games with pre-play communication in which players have private preferences over …
Persistent link: https://www.econbiz.de/10013210917
Language is arguably a powerful coordination device in real-life interactions. We here develop a game-theoretic model … first applied to finite and symmetric two-player games and we establish that, in generic and symmetric n x n -coordination …
Persistent link: https://www.econbiz.de/10005094072
Games with multiple Nash equilibria are believed to be easier to play if players can communicate. We present a simple model of communication in games and investigate the importance of when communication takes place. Sending a message before play captures talk about intentions, after play...
Persistent link: https://www.econbiz.de/10010200432
messages, on their credibility and on actual play. We run an experiment in a three-player coordination game with Pareto ranked …
Persistent link: https://www.econbiz.de/10010418867
higher payoffs in the game when the talk is one-way as the truthful reports facilitate desired coordination. …
Persistent link: https://www.econbiz.de/10011761639
This paper analyzes the coordination challenge a partial cartel faces when payoff asymmetries between potential cartel …
Persistent link: https://www.econbiz.de/10014501600
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 …
Persistent link: https://www.econbiz.de/10010311835
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 …
Persistent link: https://www.econbiz.de/10010956751
difficult coordination problems. Despite the need for communication in such situations, team members often fail to share … essential information. To examine why team communication and coordination fail, we develop a formal model with boundedly … lend support to a number of organizational routines and responses: mandating communication improves coordination and more …
Persistent link: https://www.econbiz.de/10013299407