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Successful coordination is key for economic and societal wealth. The rich literature on the minimum-effort game (MEG …) has provided valuable insights into coordination, both theoretically and empirically. Yet, although real-world scenarios … often involve asymmetric benefits and/or costs from coordination, most previous studies rely on symmetric MEGs. We …
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transformed into a coordination problem that is much easier to deal with (Barrett, 2013). This holds in particular if the amount … a multiplicity of equilibria in this coordination problem, the assumption that outsiders will always successfully …
Persistent link: https://www.econbiz.de/10012438081
We develop a model where workers both choose their residential location (geographical space) and social interactions (social space). In equilibrium, we show under which condition the majority group resides close to the job center while the minority group lives far away from it. Even though the...
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theoretical refinements by introducing the concept of <<coordination resources >> to indicate modalities that permit connections … the build-up of partnerships and the complementary role of coordination resources. Social embeddedness appears to be …
Persistent link: https://www.econbiz.de/10011539302
China is the largest country by smart phone user and Internet user. By 2017, China has over 1 billion smart phone users and over 70% of its entire population having access to the Internet.1 With severe State censorship and the Great Firewall of China, the worldwide social-media platforms such as...
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