world to a set of players who play a coordination game with multiple equilibria. While the Announcer and the players agree … that coordination is desirable, since the payoffs of the players at the equilibria are unequal, they disagree as to which … equilibrium is best. We demonstrate experimentally that in such coordination games, in order to mask the asymmetry of equilibrium …

This paper uses a laboratory experiment to test the predictions of a dynamic global game designed to capture the self …

fundamental and strategic uncertainty. I find that market does not improve coordination because the expectation that coordination … failures will occur is self-fulfilling, while cheap talk improves coordination because the signals of willingness to invest …

Global games of regime change - that is, coordination games of incomplete information in which a status quo is …

coordination failures among depositors, the two main culprits identified in the literature. Depositors withdraw when they observe …