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We analyze a class of coordination games in which the Kth player to submit an entry wins a contest. These games have an …
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the current decision problem. When applied to coordination games, this learning process leads to contagion of behavior …
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Tacit coordination in large groups is studied in an iterated market entry game with complete information and multiple … markets, we find remarkable coordination on the aggregate level, which is accounted for by the Nash equilibrium, together with …
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