Brandts, Jordi; Cooper, David J. - Departament d'Economia i Història Econòmica, … - 2004
previous research, we have shown that financial incentives can be used to find a way out of such performance traps. Here we … either start with low financial incentives for coordination, which typically leads to coordination failure, and then are … switched to higher incentives or start with high incentives, which typically yield effective coordination, and are switched to …