Coordination games with Pareto-ranked equilibria have attracted major theoretical attention over the past two decades. Two early path-breaking sets of experimental studies were widely interpreted as suggesting that coordination failure is a common phenomenon in the laboratory. We identify the...

Are communication failures common? We revisit classic examples of coordination failure and explore experimentally, in a 2x2 design, the effects of deviation costs and loss aversion. Our results add to our understanding of how to engineer coordination successes in the laboratory

Coordination games with Pareto-ranked equilibria have attracted major theoretical attention over the past two decades. Two early path-breaking sets of experimental studies were widely interpreted as suggesting that coordination failure is a common phenomenon in the laboratory. We identify the...