This paper provides a formal analysis on the investment coordination problem in a vertically separated electricity … decisions of network and power plants need to be coordinated. In unbundled markets, firm-internal coordination no longer applies …. We develop a formal approach to examine whether sim- ple information exchange ("cheap talk") could restore coordination …

conventional coordination, where subjects bet on only one alternative, subjects coordinate by the distribution of points. This … coordination. The data confirms the theoretical predictions regarding coordination behavior and demonstrates that the proposed … ordinary coordination. Finally, we point to the possibility to use the mechanism as a simple and direct tool to measure the …

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 …

This paper experimentally investigates free-riding behavior on communication cost in a coordination game and finds …