Experiment participants in a social dilemma game choose cooperation over defection, even though neither is more beneficial. High levels of cooperation cannot be explained by favorable labels for actions, collusion, k-level reasoning, quantal response behavior, or misplaced optimism about others'...

Background: Logistics and transport, core of many business processes, are continuously optimized to improve efficiency and market competitiveness. The paper describes a modular coordination of vehicle routing and bin packing problems that enables independent instances of the problems to be...

Using a sample of listed Chinese firms from 2007 to 2020, we investigate the governance implications of cross-ownership in corporate bond markets. We find that cross-ownership significantly reduces bond issuance spreads, suggesting that synergistic governance effects outweigh potential collusion...

This paper analyzes the mechanisms by which Stoic ethics can produce coordination. We study how agents satisfying the Stoic discipline of desires (that is, one should wish for nothing that is out of control, including other players'acts) behave in 2-player simultaneous symmetric coordination...

Liberalisation and decarbonisation have transformed energy system coordination from internal engineering to a complex economic and digital challenge. Liberalisation replaced vertically integrated utilities with fragmented interactions among transmission operators, distribution operators,...

Objective: The purpose of this article is to examine the quality of remote primary healthcare in Poland measured through three dimensions: coordination, comprehensiveness, and continuity (3Cs) and examine the relationship between them. Research Design & Methods: The 3Cs were measured using a...

I endogenize the probability of self‐fulfilling outcomes in a game where the only uncertainty comes from extrinsic sunspots. There is a group of players wishing to coordinate on the same action and another player-the regime defender-whose action affects the payoff from coordination. The...

We study static binary coordination games with random utility played on networks. In equilibrium, each agent chooses an action only if a fraction of her neighbors choosing the same action is higher than an agent‐specific i.i.d. threshold. A fuzzy convention x is a profile where (almost) all...

We study flexible public information design in global games. In addition to receiving public information from the designer, agents are endowed with exogenous private information and must decide between two actions (invest and not invest), the profitability of which depends on unknown...

This report first provides an overview of selected issues related to the coordination of social security systems within the EU. After discussing the principles of social security coordination, the following aspects are reviewed: the existing issues and available data on social security...

This report first provides an overview of selected issues related to the coordination of social security systems within the EU. After discussing the principles of social security coordination, the following aspects are reviewed: the existing issues and available data on social security...

We study the role of purpose-based rules for behavior and outcomes in a threshold public good game. Rules can be sufficient or even inflated in terms of proposing a fulfilling behavior. We conduct a lab experiment to describe the implications caused by the inflation of a rule. Our study shows...

In a laboratory experiment, we study the role of fairness ideals as focal points in coordination problems in homogeneous and heterogeneous groups. We elicit the normatively preferred behavior about how a subsequent coordination game should be played. In homogeneous groups, people share a unique...

In a laboratory experiment, we study the role of fairness ideals as focal points in coordination problems in homogeneous and heterogeneous groups. We elicit the normatively preferred behavior about how a subsequent coordination game should be played. In homogeneous groups, people share a unique...

One of the key pillars of the European single market is undoubtedly the free movement of persons. From the earliest days of the European Economic Community (EEC), it was recognised that genuinely free movement required addressing the social security rights of mobile citizens. In order to...

This report, covers the following matters: 1) the steps taken throughout the year to prevent and combat fraud and error in cases determined under the coordination rules; 2) specific problems in implementing the coordination rules which may lead at least to risks of fraud and error;3) agreements...

Background: The adoption of artificial intelligence (AI) in humanitarian logistics is essential for improving coordination and decision making, especially in the challenging landscape of disaster-relief settings. However, the current literature offers limited empirical evidence with respect to...

Accelerating green innovation is crucial for achieving high-quality development in China. Despite this importance, empirical evidence on the harmonization techniques in the context of carbon-trading policies has been remarkably thin. To address this gap, we employed the difference-in-difference...

One of the essential components of the European single market is, without any doubt, the free movement of persons. Already in the earliest days of the European Economic Community (EEC), it was recognised that genuinely free movement could not be achieved without a solution for the social...

This paper reviews the state of EU competitiveness and introduces a strategy to improve it, based on medium-term, sector-level coordination of Member State reform policies and/or investments. The idea is illustrated with two examples: an investment and reform programme to create a single EU...

Efficient coordination is a major source of efficiency gains. We study in an experimental coordination game with 718 children and teenagers, aged 9 to 18 years, the strategies played in pre-adulthood. We find no robust age effects in the aggregate, but see that smaller group sizes and larger...

Sudden massive migration influxes have been a new driving force of migration increases in recent decades. These types of migration flows present potential challenges to social and economic integration. In this paper we study socioeconomic integration using controlled laboratory experiments in a...

We investigate the concept of endogenous information leadership within the financial market. Prior to coordinating their investments, investors establish a star network at a certain cost. The central node of this star network functions as an information leader, collecting and sharing information...