Heinemann, Frank; Nagel, Rosemarie; Ockenfels, Peter - 2004
subjective beliefs of players. In a laboratory experiment we measure subjects' certainty equivalents for three coordination games … and one lottery. Behavior in coordination games is related to risk aversion, experience seeking, gender, and age. From the … distribution of certainty equivalents among subjects we estimate probabilities for successful coordination in a wide range of games …