We analyze a coordination game with information-constrained players. The players' actions are based on a noisy … environment. We apply our model to the coordination game in the experiment of Frydman and Nunnari (2023), and show that it offers …

This paper investigates the role of endogenous timing of decisions on coordination under asymmetric information. In the … equilibrium of a global coordination game, where players choose the timing of their decision, a player who has sufficiently high … coordination: a learning effect (early decisions reveal information) and a complementarity effect (early decisions eliminate …

messages, on their credibility and on actual play. We run an experiment in a three-player coordination game with Pareto ranked …

perceive a fundamental parameter with noise. We focus on 2 x 2 coordination games, which generate multiple equilibria when …

Successful coordination is key for economic and societal wealth. The rich literature on the minimum-effort game (MEG …) has provided valuable insights into coordination, both theoretically and empirically. Yet, although real-world scenarios … often involve asymmetric benefits and/or costs from coordination, most previous studies rely on symmetric MEGs. We …

experimentally on the coordination problems caused by sunspot variables. It also extends the literature that focuses on coordination … run, the sunspot variable can lead to coordination of the payoff-dominated equilibrium (miscoordination). If the sunspot …

higher payoffs in the game when the talk is one-way as the truthful reports facilitate desired coordination. …

egocentric instead. Our results contribute to the understanding of coordination dynamics resting on heterogeneity and co …