This paper analyzes the behavior of subjects in interdependent security experiments which exhibit strategic … complementarity. In these experiments, subjects decide whether to pay to mitigate the risk of a loss, but the exact risk depends on … mitigation. Subjects in the interdependent security experiments rarely coordinate on the efficient equilibrium. Coordination is …

incentive system, but also aggregate dispersed information. Experiments have demonstrated that the price system may render …

when controlled experiments are not a viable option, appropriate approaches might succeed where traditional empirical …