Cobo-Reyes, Ramón; Jiménez, Natalia - Departamento de Teoría e Historia Económica, Facultad … - 2007
This paper studies the e¤ect of social relations on the convergence to the e¢ cient equilibrium in a 2x2 coordination game. We employ a 2x2 factorial design in which we explore two di¤erent games with asymmetric payo¤s and two matching protocols: .friends.versus .strangers.. In the .rst game...