Tacit coordination in large groups is studied in an iterated market entry game with complete information and multiple market capacities that are varied randomly from period to period. On each period, each player must decide independently whether to enter any of the markets, and if entering,...

Coordination of entry decisions in the iterated MEFC (market-entry fixed cost) game with asymmetric players and varying market capacity values can be achieved either without common knowledge of the distribution of types or without trial-to-trial information about number of entrants and...

Subsequent experimental studies of the market entry game and his associates, which systematically manipulated the information structure of the game, compared behavior in the domains of gains and losses, or introduced private information and asymmetry between players, have shown that this magic...