agents' coordination motive and the negative correlation of their private information causes their reports to become …

coordination motive, ending up in the undervalueing of public information. We show, in the context of a delegation game, how firm … managers. By doing so, they also enhance the managers' concern for coordination and consequently heighten the weight put on …

We study coordination failures in many simultaneously occurring coordination problems called projects. Players … exogenous parameters. In contrast to the static benchmark global game without a search option, successful coordination is … frequent in the mobile game even for extremely poor distributions of economic fundamentals, and coordination failures are …

This paper studies a coordination game with incomplete information and the option to delay. The delay option enables … good news, and consequently induce more coordination. Relying on this trade-off, we find the unique monotone equilibrium …, which features the inability of the delay option in facilitating coordination. If the waiting period is sufficiently short …

diminishes creditor coordination failure whenever the firm is expected to be in distress. -- global games ; creditor coordination …

This paper presents an experiment on a coordination game with extrinsic random signals, in which we systematically vary …

This paper studies the interaction between coordination and social learning in a dynamic regime change game. Social … learning provides public information, to which players overreact due to the coordination motive. Coordination affects the … herding disappears, and thus coordination is almost surely successful …

coordination game. In any symmetric equilibrium, players choose to over-estimate the precision of their information. Players …

assimilation bias on agents actions, and solve a coordination problem. The research questions are the following: " Can the social …