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considerable doubt on the idea of opportunistic team reasoning as a guide to coordination. Contrary to what TR would predict … coordination games. In this paper we analyze and discuss the solution concept for common coordination problems as incorporated in … the theory of Team Reasoning (TR). Special consideration is given to TR's concept of opportunistic choice and to the …
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Pareto-superior outcomes in classic weak-link coordination games. We show that effects of cohesion are economically large …
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conforming to Nash equilibrium behavior. We conduct an experiment on a minority-of-three game in which each player is a team … composed by three subjects. Each team can freely discuss its strategies in the game and decisions must be made via a majority … rule. Team discussions are recorded and their content analyzed to detect evidence of strategy co-evolution among teams …
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