. Under asymmetric information about consumer types, the monopoly prefers symmetric network topologies, but the social optimum …

(e.g., by offering a free-of-charge plan). Due to the combination of network effects and asymmetric information a …

We study coordination failures in many simultaneously occurring coordination problems called projects. Players … exogenous parameters. In contrast to the “static” benchmark global game without a search option, successful coordination is … frequent in the mobile game even for extremely poor distributions of economic fundamentals, and coordination failures are …

This paper investigates the role of endogenous timing of decisions on coordination under asymmetric information. In the … coordination: a learning effect (early decisions reveal information) and a complementarity effect (early decisions eliminate … equilibrium of a global coordination game, where players choose the timing of their decision, a player who has sufficiently high …

Global Games approach we can solve this coordination problem and eliminate the problem of multiple equilibria. We show how … appropriate information provision enhances efficiency. We discuss extensions of the model and argue that subsidies may be a … property of a signalling equilibrium to overcome credibility problems in information provision. In addition we point out …

Global Games approach we can solve this coordination problem and eliminate the problem of multiple equilibria. We show how … appropriate information provision enhances efficiency. We discuss extensions of the model and argue that subsidies may be a … property of a signalling equilibrium to overcome credibility problems in information provision. In addition we point out …

Global Games approach we can solve this coordination problem and eliminate the problem of multiple equilibria. We show how … appropriate information provision enhances efficiency. We discuss extensions of the model and argue that subsidies may be a … property of a signalling equilibrium to overcome credibility problems in information provision. In addition we point out …

Global Games approach we can solve this coordination problem and eliminate the problem of multiple equilibria. We show how … appropriate information provision enhances efficiency. We discuss extensions of the model and argue that subsidies may be a … property of a signalling equilibrium to overcome credibility problems in information provision. In addition we point out …