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The need for efficient coordination is ubiquitous in organizations and industries. The literature on the determinants … of efficient coordination has focused on individual decision-making so far. In reality, however, teams often have to … coordinate with other teams. We present an experiment with 825 participants, using six different coordination games, where either …
Persistent link: https://www.econbiz.de/10009733222
We study experimentally whether heterogeneity of behavior in the Centipede game can be interpreted as the result of a learning process of individuals with different preference types (more and less pro-social) and coarse information regarding the opponent's past behavior. We manipulate the...
Persistent link: https://www.econbiz.de/10011326679
We study experimentally whether heterogeneity of behavior in the Centipede game can be interpreted as the result of a learning process of individuals with different preference types (more and less pro-social) and coarse information regarding the opponent's past behavior. We manipulate the...
Persistent link: https://www.econbiz.de/10013014085
coordination games that the entire population plays simultaneously. In these games, payoffs and best replies are determined by a …
Persistent link: https://www.econbiz.de/10014198624
Players adaptively learn how to bargain. A characteristic function describes the available surplus. The underlying bargaining game extends the Nash demand game by allowing subcoalitions to reach an agreement. Players' demands must be multiples of a money unit. We show that stochastically stable...
Persistent link: https://www.econbiz.de/10014068091
constraints and encourage policy experimentation by having courts apply greater deference to experimental rules (at least during … permanent rules. It would also preserve rules that might otherwise be vacated by courts at least long enough to generate the …
Persistent link: https://www.econbiz.de/10014161381
Persistent link: https://www.econbiz.de/10012156569
egocentric instead. Our results contribute to the understanding of coordination dynamics resting on heterogeneity and co …
Persistent link: https://www.econbiz.de/10011734522
Persistent link: https://www.econbiz.de/10010442919
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