obligatory. We compare coordination failure with efficient rationing as well as with compulsory serving of demand, and … losses. Our experimental results show that (possible) coordination failure affects behavior through two channels: via … anticipating losses but decrease after experiencing losses. Coordination failures are more probable after subjects experienced a …

Common knowledge plays an important role in coordination problems and coordination problems are central to many areas … communication in coordinating behaviour …

coordination, the number of signals they acquire may decrease in the number released. The optimal quantity of communication is … useful information and the risk of overwhelming it with excessive communication. An information authority chooses how many …

aggregate action in the presence of coordination motives. I consider situations in which every agent would like to take an … sentiments in the sense that their beliefs about the state can be biased in opposite directions. Before the coordination game is … population can jointly make a more efficient decision, especially when the coordination motive is strong but little is known …