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equally in groups of optimal size and there is no communication. In this paper we investigate the impact of introducing … communication in groups that may or may not be linked to output sharing groups. Communication reduces shirking, increases aggregate … effort and reduces aggregate rents, but only when communication groups and output-sharing groups are linked. The effect is …
Persistent link: https://www.econbiz.de/10008642748
This experiment investigates contests between groups. Each group has one strong player, with a higher valuation for the prize, and two weak players, with lower valuations. In contests where individual efforts are perfect substitutes, all players expend significantly higher efforts than predicted...
Persistent link: https://www.econbiz.de/10010817442
This experiment investigates contests between groups. Each group has one strong player, with a higher valuation for the prize, and two weak players, with lower valuations. In contests where individual efforts are perfect substitutes, all players expend significantly higher efforts than predicted...
Persistent link: https://www.econbiz.de/10011111607
equally in groups of optimal size and there is no communication. In this paper we investigate the impact of introducing … communication groups that may or may not be linked to output sharing groups. Communication reduces shirking, increases aggregate … effort and reduces aggregate rents, but only when communication groups and output-sharing groups are linked. The effect is …
Persistent link: https://www.econbiz.de/10008642483
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. …
Persistent link: https://www.econbiz.de/10010494570
two alternatives independently and the most rewarding alternative is the one chosen by a single player. This coordination …
Persistent link: https://www.econbiz.de/10010281623
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. …
Persistent link: https://www.econbiz.de/10010224794
newcomers on a group’s ability to coordinate efficiently. Participants play a coordination game in a four-person group for the …
Persistent link: https://www.econbiz.de/10011259957
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. …
Persistent link: https://www.econbiz.de/10010743468
Motivated by problems of coordination failure observed in weak-link games, we experimentally investigate behavioral … spillovers for minimum- and median-effort coordination games. Subjects play these coordination games simultaneously and … sequentially. The results show that successful coordination on the Pareto optimal equilibrium in the median game influences …
Persistent link: https://www.econbiz.de/10010817389