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Schott et al. (2007) have shown that the “tragedy of the commons” can be overcome when individuals share their output equally in groups of optimal size and there is no communication. The assignment of individuals to groups as either strangers or partners does not significantly affect this...
Persistent link: https://www.econbiz.de/10008625834
Persistent link: https://www.econbiz.de/10014291725
Motivated by problems of coordination failure observed in weak-link games, we experimentally investigate behavioral … spillovers for minimum- and median-effort coordination games. Subjects play these coordination games simultaneously and … sequentially. The results show that successful coordination on the Pareto optimal equilibrium in the median game influences …
Persistent link: https://www.econbiz.de/10010573229
coordination problems. We conduct experiments under various conditions which control for salient labeling and learning dynamics …. Contrary to previous experiments, we find that coordination on non-empty Strict Nash equilibria is not an easy task for …We present experiments on repeated non-cooperative network formation games, based on Bala and Goyal (2000). We treat …
Persistent link: https://www.econbiz.de/10010312592
coordination problems. We conduct experiments under various conditions which control for salient labeling and learning dynamics …. Contrary to previous experiments, we find that coordination on non-empty Strict Nash equilibria is not an easy task for …We present experiments on repeated non-cooperative network formation games, based on Bala and Goyal (2000). We treat …
Persistent link: https://www.econbiz.de/10005385417
production as a coordination game with Pareto-ranked equilibria. We initially create an efficient group and an inefficient one … restrictions in different ways to help understand why the institutions are effective in maintaining coordination. We find that both … restrictions work to maintain efficient coordination but they are effective for different reasons. …
Persistent link: https://www.econbiz.de/10011282460
This paper examines whether and how cheap talk communication can facilitate within-group coordination when two unequal … improves coordination. To measure how much miscoordination remains, we employ a control treatment where miscoordination is …
Persistent link: https://www.econbiz.de/10010316824
. We use a coordination game with Pareto-ranked equilibria, in which we allow an effciently-coordinated group and an …
Persistent link: https://www.econbiz.de/10010316829
production as a coordination game with Pareto-ranked equilibria. We initially create an efficient group and an inefficient one … restrictions in different ways to help understand why the institutions are effective in maintaining coordination. We find that both … restrictions work to maintain efficient coordination but they are effective for different reasons. …
Persistent link: https://www.econbiz.de/10010402616
Numerous papers show how game theory can improve our understanding of literature. There is no paper, however, using experimental economics to arrive at a new understanding of a play. We fill this gap by using experimental evidence to compare the last two versions of Molière's Tartuffe. In the...
Persistent link: https://www.econbiz.de/10010636229