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joint surplus, we study a situation in which no central manager (or principal) can induce coordination, but instead team … leaving only the most and least efficient outcomes. An experiment shows that ex post bargaining leads to enhanced efficiency …
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Experimental Business Research includes papers that were presented at the First Asian Conference on Experimental Business Research held at the Hong Kong University of Science and Technology (HKUST), on December 7-10, 1999. The conference was organized by the Center for Experimental Business...
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other parameterizations. For example, we show that in coordination games EWA may only converge to the Pareto …
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