Abe, Takaaki; Funaki, Yukihiko; Shinoda, Taro - In: Games 12 (2021) 3, pp. 1-20
This paper studies how to form an efficient coalition$da group of people. More specifically, we compare two mechanisms for forming a coalition by running a laboratory experiment and reveal which mechanism leads to higher social surplus. In one setting, we invite the subjects to join a meeting...