Coordination and Incomplete Information: an Experimental Study

This paper presents experimental evidence demonstrating that agents' knowledge of strategy alternatives in pure 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.

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Year of publication:	2004-03-05
Authors:	Chuah, Swee Hoon ; Hoffmann, Robert ; Ging, Lee Chew
Institutions:	Economics and Finance Division, Business School
Subject:	coordination \| incomplete information \| salience \| curse of knowledge

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Series:	Occasional Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	14 pages
Classification:	C72 - Noncooperative Games ; C91 - Laboratory, Individual Behavior ; D83 - Search, Learning, Information and Knowledge
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005738649