We consider coordination situations with a conflict of interest, and experimentally vary the inefficiency of an equal … is not extremely inefficient, remains very salient, and primarily because it offers players a way to avoid a coordination …

relation between the equilibrium and the socially optimal degrees of coordination. The former summarizes the private value from …

dominant Nash equilibrium together characterize the unique evolutionarily stable set in generic and symmetric n×n-coordination …

efficiency benchmark designed to address whether the equilibrium use of information is optimal from a social perspective; the …

efficiency an equity of coordination. In all treatments, coordination is mostly explained by convergence in communication. We … multi-player coordination game with conflicting preferences. Network structure matters but the interaction between network … coordination and distribution of coordinated outcomes across networks. But increasing the communication length improves both …

This paper studies the e¤ect of social relations on the convergence to the e¢ cient equilibrium in a 2x2 coordination …

dominant Nash equilibrium together characterize the unique evolutionarily stable set in generic and symmetric n×n-coordination …

experimentally on the coordination problems caused by sunspot variables. It also extends the literature that focuses on coordination … run, the sunspot variable can lead to coordination of the payoff-dominated equilibrium (miscoordination). If the sunspot …

messages, on their credibility and on actual play. We run an experiment in a three-player coordination game with Pareto ranked …

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 …