messages, on their credibility and on actual play. We run an experiment in a three-player coordination game with Pareto ranked …

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 …

perceive a fundamental parameter with noise. We focus on 2 x 2 coordination games, which generate multiple equilibria when …

Successful coordination is key for economic and societal wealth. The rich literature on the minimum-effort game (MEG …) has provided valuable insights into coordination, both theoretically and empirically. Yet, although real-world scenarios … often involve asymmetric benefits and/or costs from coordination, most previous studies rely on symmetric MEGs. We …

experimentally on the coordination problems caused by sunspot variables. It also extends the literature that focuses on coordination … run, the sunspot variable can lead to coordination of the payoff-dominated equilibrium (miscoordination). If the sunspot …

Friendship is commonly assumed to reduce strategic uncertainty and enhance tacit coordination. However, this assumption … has never been tested across two opposite poles of coordination involving either strategic complementarity or … substitutability. We had participants interact with friends or strangers in two classic coordination games: the stag hunt game, which …

egocentric instead. Our results contribute to the understanding of coordination dynamics resting on heterogeneity and co …

higher payoffs in the game when the talk is one-way as the truthful reports facilitate desired coordination. …