. Predominantly, coordination is achieved through the risk-dominant equilibrium as the game proceeds. Once established, coordination … 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 …

Prior research and recent anecdotes during the financial crisis demonstrate that lack of creditor coordination can … exacerbate distress thereby illustrating the economic importance of creditor coordination effects. This study develops and … incorporates empirical ex ante measures, or predictors, of creditor coordination effects in distress prediction. Using a …

Can luck predict risk-taking behavior in games of chance? Economists have not widely studied this issue although … good and bad luck outcomes in a simple repeated risky investment game affect risk-taking behavior in the following rounds … demonstrate a strong impact of luck on risk-taking behavior that lasts not only to the next round but also into another two follow …