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; coordination ; experiment … 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 …
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multiple M equilibria exhibit coordination problems that could not be anticipated through the lens of existing models …
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We study the problem of elicitation of subjective beliefs of an agent when the beliefs are ambiguous (the set of beliefs is a non-singleton set) and the agent's preference exhibits ambiguity aversion; in particular, as represented by alpha-maxmin preferences. We construct a direct revelation...
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