Cherry, Todd; Cotten, Stephen; Kroll, Stephan - In: Experimental Economics 16 (2013) 4, pp. 497-510
all contributions, there is potential for waste and underprovision due to coordination failure. These failures are … exacerbated when agents are identical because there is no focal point to guide coordination. In most real-world best-shot public … differences, shared expectations might emerge to improve coordination and increase efficiency. Using laboratory experiments, we …