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present an experiment on a coordination game in which extrinsic random signals may generate sunspot equilibria. They measure … the risk-dominant equilibrium. -- coordination games ; strategic uncertainty ; sunspot equilibria ; irrelevant information …
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In this paper, the authors continue the pursuit of the self-coordination mechanism as studied in the El Farol Bar …
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To investigate the external validity of Ultimatum and Dictator game behavior we conduct experiments in field settings with naturally occurring variation in "social framing." Our participants are students at Middlebury College, non-traditional students at Kansas City Kansas Community College...
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Global games of regime change – coordination games of incomplete information in which a status quo is abandoned once a … ; coordination ; multiple equilibria ; information dynamics ; crises …
Persistent link: https://www.econbiz.de/10008665284