Brandts, Jordi; Cooper, David J.; Fatas, Enrique - Departament d'Economia i Història Econòmica, … - 2006
We study how the heterogeneity of agents affects the extent to which changes in financial incentives can pull a group out of a situation of coordination failure. We focus on the connections between cost asymmetries and leadership. Experimental subjects interact in groups of four in a series of...