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costly guard level with the goal of avoiding breakouts. Successful breakouts require coordination among prisoners. We show …
Persistent link: https://www.econbiz.de/10013014971
costly guard level with the goal of avoiding breakouts. Successful breakouts require coordination among prisoners. We show …
Persistent link: https://www.econbiz.de/10013015698
We study the impact of communication on behavior in a two-stage coordination game with asymmetric payoffs. We test … analyze whether and how quickly a conflict-avoidance take-turn strategy can emerge. First, our results show that players learn … to solve the conflict by choosing opposite options at both stages of the game. Second, many adopt a take-turn strategy to …
Persistent link: https://www.econbiz.de/10010502689
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case because there is an incentive to free ride and the possibility to do so creating a conflict of interest. -- Public …
Persistent link: https://www.econbiz.de/10008749645
This paper provides a formal analysis on the investment coordination problem in a vertically separated electricity … decisions of network and power plants need to be coordinated. In unbundled markets, firm-internal coordination no longer applies …. We develop a formal approach to examine whether sim- ple information exchange ("cheap talk") could restore coordination …
Persistent link: https://www.econbiz.de/10010421957
conventional coordination, where subjects bet on only one alternative, subjects coordinate by the distribution of points. This … coordination. The data confirms the theoretical predictions regarding coordination behavior and demonstrates that the proposed … ordinary coordination. Finally, we point to the possibility to use the mechanism as a simple and direct tool to measure the …
Persistent link: https://www.econbiz.de/10011987024
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