market context where the length of the employment relationship is endogenous. In our three-stage gift-exchange experiment … study whether symbolic rewards are used by the employers mainly to praise employees or as a coordination device to build … rewards as a coordination device to initiate relational contracts. Compared to the balanced market condition, assigning …

reducing the degree of transparency. We run a laboratory experiment to test whether theoretical predictions hold in a game … played by human beings. In line with theory, the experiment does not allow the formulation of a clear preference in favor of …

Le problème de la coordination décentralisée des comportements individuels et de l'ajustement de l'économie vers un … présent article étudie les capacités de coordination d'une économie stylisée au travers d'une dynamique évolutionnaire d …

close to a state of nature, with the ideal proximity to the state varying across agents. Before this coordination game is …

We re-examine issues of coordination in the standard RBC model. Can the unique rational expectations equilibrium be … coordination along this line cannot be expected. Rational agents anticipating small but possibly persistent deviations have to face …

-oct 2002. The text reviews recent work on expectational coordination in general equilibrium models of the Walrasian tradition … "eductive learning". It examines in a more systematic way the coordination difficulties that would arise in finite horizon … models with spot multiplicity and discusses the relationship between coordination and incompleteness. …

that an increase in ambiguity reduces the perceived coordination of players in rolling over their loans. This contibutes to …

stabilization) - is traded-off against coordination upon the welfare enhancing free-trade equilibrium (stabilizing price … expectations). Therefore, we identify a new rationale for an exogenous price intervention in open economy targeting coordination …