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coordination when there is strategic uncertainty. We compare the choices made by experimental subjects in a minimum effort game. In … coordination between group members, both leading to lower payoffs. However, these results depend strongly on the group's gender …
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We consider a society with informed individuals (adults) and naive individuals (children). Adults are altruistic towards their own children and possess information that allows to better predict the behavior of other adults. Children benefit from adopting behaviors that conform to the social norm...
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coordination in normal-form games with multiple equilibria - the more equitable equilibrium might be selected either because …-subjects experimental design, furthermore, we study the relative performance of the equity principle in six simple 2x2 coordination games … seems to be behind most of the coordination failures that we observe. …
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