Showing 51 - 60 of 54,634
equally in groups of optimal size and there is no communication. In this paper we investigate the impact of introducing … communication groups that may or may not be linked to output sharing groups. Communication reduces shirking, increases aggregate … effort and reduces aggregate rents, but only when communication groups and output-sharing groups are linked. The effect is …
Persistent link: https://www.econbiz.de/10008642483
. Examples include market entry games, coordination games, and the bar-room game depicted in the movie 'A Beautiful Mind'. The …
Persistent link: https://www.econbiz.de/10005662078
preventive wars when the power shift is smaller and when the rising state has the commitment power. Communication and repeated …
Persistent link: https://www.econbiz.de/10012801942
of the extent they involve conflict over time. Overall, the results indicate that inter-personal communication may help …
Persistent link: https://www.econbiz.de/10014248947
Using a laboratory experiment, we examine whether informal monetary sanctions can lead to better coordination in a … repeated minimum effort coordination game. While most groups first experience inefficient coordination, the efficiency … member. By contrast, introducing instead an ex post costless communication possibility fails to permanently increase …
Persistent link: https://www.econbiz.de/10010291833
We examine a technology adoption game with network effects in which coordination on technology A and technology B … constitute 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/10010306874
egocentric instead. Our results contribute to the understanding of coordination dynamics resting on heterogeneity and co …
Persistent link: https://www.econbiz.de/10010328516
A popular empirical technique to measure norms uses coordination games to elicit what subjects in an experiment … that subjects use their normative expectations to solve the coordination game. However, subjects might use alternative …
Persistent link: https://www.econbiz.de/10012389703
We study games with natural-language labels (i.e., strategic problems where options are denoted by words), for which we propose and test a measurable characterization of prominence. We assume that-ceteris paribus-players find particularly prominent those strategies that are denoted by words more...
Persistent link: https://www.econbiz.de/10013189730
The paper analyzes the role of the structure of communication - i.e. who is talking with whom - on the choice of … messages, on their credibility and on actual play. We run an experiment in a three-player coordination game with Pareto ranked … analysis of credibility, the subjects should communicate and play the Pareto optimal equilibrium only when communication is …
Persistent link: https://www.econbiz.de/10010491446