Experiments based on the Beard and Beil (1994) two-player coordination game robustly show that coordination failures arise as a result of two puzzling behaviors: (i) subjects are not willing to rely on others' self-interested maximization, and (ii) self-interested maximization is not ubiquitous....

Experiments based on the Beard and Beil (Manag Sci 40(2):252–262, <CitationRef CitationID="CR2">1994</CitationRef>) two-player coordination game robustly show that coordination failures arise as a result of two puzzling behaviors: (i) subjects are not willing to rely on others’ self-interested maximization, and (ii) self-interested...</citationref>