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coordination by playing the recommended strategies. However, coordination and following recommendations vary significantly among …
Persistent link: https://www.econbiz.de/10010547018
that coordination and following recommendations vary significantly among our treatments. We explain these differences by …
Persistent link: https://www.econbiz.de/10010607547
game is not necessarily known by subjects a priori, which serves to highlight the additional coordination problem that is … a random device is more useful as a coordination mechanism when subjects are randomly matched. When subjects are in …
Persistent link: https://www.econbiz.de/10010878534
In a coordination game such as the Battle of the Sexes, agents can condition their plays on external signals that can … are rare. Thus, even in a world of simple learning agents, coordination behavior can take on some surprising forms. …
Persistent link: https://www.econbiz.de/10011515836
the ability of agents to coordinate efficiently in global coordination games. Two players face the option to invest …
Persistent link: https://www.econbiz.de/10005827277
We consider coordination situations with a conflict of interest, and experimentally vary the inefficiency of an equal … is not extremely inefficient, remains very salient, and primarily because it offers players a way to avoid a coordination …
Persistent link: https://www.econbiz.de/10010890958
relation between the equilibrium and the socially optimal degrees of coordination. The former summarizes the private value from …
Persistent link: https://www.econbiz.de/10008597115
dominant Nash equilibrium together characterize the unique evolutionarily stable set in generic and symmetric n×n-coordination …
Persistent link: https://www.econbiz.de/10010281162
efficiency benchmark designed to address whether the equilibrium use of information is optimal from a social perspective; the …
Persistent link: https://www.econbiz.de/10010282995
efficiency an equity of coordination. In all treatments, coordination is mostly explained by convergence in communication. We … multi-player coordination game with conflicting preferences. Network structure matters but the interaction between network … coordination and distribution of coordinated outcomes across networks. But increasing the communication length improves both …
Persistent link: https://www.econbiz.de/10008587475