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This paper examines whether and how communication can help groups solve coordination and free-rider problems when they … whether or not to contribute to the group success, within-group cheap talk communication significantly reduces miscoordination … and free-riding. To measure how much miscoordination remains when communication is allowed, we employ a control treatment …
Persistent link: https://www.econbiz.de/10008528456
play in networks is to some extent boundedly rational, in the sense that coordination is influenced by local and individual …
Persistent link: https://www.econbiz.de/10005136539
coordination games is inversely correlated with decision-making efficacy. Alternative theoretical accounts of players' choice … processes in coordination games are considered to shed light on our empirical results. …
Persistent link: https://www.econbiz.de/10005090614
information. This way we are able to investigate (i) the coordination abilities of the subjects depending on the underlying game …
Persistent link: https://www.econbiz.de/10005407575
coordination games is inversely correlated with decision-making efficacy. Alternative theoretical accounts of players' choice … processes in coordination games are considered to shed light on our empirical results. …
Persistent link: https://www.econbiz.de/10005738649
coordination in normal-form games with multiple equilibria ?the more equitable equilibrium might be selected either because …-subjects experimental design, furthermore, we study the relative performance of the equity principle in six simple 2x2 coordination games … seems to be behind most of the coordination failures that we observe. …
Persistent link: https://www.econbiz.de/10010743468
We examine a technology-adoption game with network effects in which coordination on either technology A or technology B … constitutes a Nash equilibrium. Coordination on technology B is assumed to be payoff dominant. We define a technology’s critical …
Persistent link: https://www.econbiz.de/10010595119
Motivated by problems of coordination failure observed in weak-link games, we experimentally investigate behavioral … spillovers for minimum- and median-effort coordination games. Subjects play these coordination games simultaneously and … sequentially. The results show that successful coordination on the Pareto optimal equilibrium in the median game influences …
Persistent link: https://www.econbiz.de/10010573229
Motivated by problems of coordination failure observed in weak-link games, we experimentally investigate behavioral … spillovers for minimum- and median-effort coordination games. Subjects play these coordination games simultaneously and … sequentially. The results show that successful coordination on the Pareto optimal equilibrium in the median game influences …
Persistent link: https://www.econbiz.de/10010817389
newcomers on a group’s ability to coordinate efficiently. Participants play a coordination game in a four-person group for the …
Persistent link: https://www.econbiz.de/10010817394