Beugnot, Julie; Gürgüç, Zeynep; Øvlisen, Frederik Roose - In: Economics Bulletin 32 (2012) 4, pp. 2860-2869
coordination failure. We conduct an experiment with a three player 2x2x2 game in which coordination on the efficient equilibrium is …In a coordination game with Pareto-ranked equilibria, we study whether a sunspot can lead to either coordination on an … inferior equilibrium (mis-coordination) or to out-of equilibrium behavior (dis-coordination). While much of the literature …