We investigate the effect of absence of common knowledge on the outcomes of coordination games in a laboratory … experiment. Using cognitive types, we can explain coordination failure in pure coordination games while differentiating between … coordination failure due to first- and higher-order beliefs. In our experiment, around 76% of the subjects have chosen the payoff …

together rather than investing separately. We study the coordination and cooperation problems that might hinder successful … collaboration in a dynamic network setting. We develop an experiment in which coordination problems are mainly due to finding … collaborate. The results show that as costs of forming links increase, groups succeed less often in solving the coordination …

coordination games. In this paper we analyze and discuss the solution concept for common coordination problems as incorporated in … considerable doubt on the idea of opportunistic team reasoning as a guide to coordination. Contrary to what TR would predict …

consensus values. Strategic coordination can consequently explain poor performances of prediction markets as resulting from the … robustness of coordination in a forecasting setting implementing contradictory incentives for accurate forecasts and coordination …. Forecasts are shown to be inaccurate and biased toward current values. This in turn has subjects aiming at coordination benefits …