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We study games endowed with a pre-play phase in which players prepare the actions that will be implemented at a predetermined deadline. In the preparation phase, each player stochastically receives opportunities to revise her actions, and the finally-revised action is taken at the deadline. In...
Persistent link: https://www.econbiz.de/10010773116
We study games endowed with a pre-play phase in which players prepare the actions that will be implemented at a predetermined deadline. In the preparation phase, each player stochastically receives opportunities to revise her actions, and the finally-revised action is taken at the deadline. In...
Persistent link: https://www.econbiz.de/10011599517
We study games endowed with a pre-play phase in which players prepare the actions that will be implemented at a predetermined deadline. In the preparation phase, each player stochastically receives opportunities to revise her actions, and the finally-revised action is taken at the deadline. In...
Persistent link: https://www.econbiz.de/10011674517
, we investigate dynamic coordination within a problem-solving team where team members can not communicate. Each team …'s coordination problem by synchronizing the team's search efforts. These organizational routine equilibria are resilient to changes …
Persistent link: https://www.econbiz.de/10012865313
) folk theorem for standard repeated games, Lagunoff and Matsui's (1997) anti-folk theorem for repeated pure coordination …
Persistent link: https://www.econbiz.de/10005595910
Persistent link: https://www.econbiz.de/10012027494
Persistent link: https://www.econbiz.de/10010386047
difficult coordination problems. We develop a model and run simulations to analyze how costly communication affects team … coordination and output efficiency. We show that absent any organizational routines to structure team communication the least … several communication routines that improve team coordination and organizational efficiency. Our model and simulation results …
Persistent link: https://www.econbiz.de/10013208672
The paper explores how elites can develop capacity for collective agency through coordination. Elites' challenge is to …
Persistent link: https://www.econbiz.de/10013269240
This paper analyzes how institutions aimed at coordinating economic interactions may appear. We build a model in which agents play a prisoners’ dilemma game in a hypothetical state of nature. Agents can delegate the task of enforcing cooperation in interactions to one of them in exchange for a...
Persistent link: https://www.econbiz.de/10005750746