conforming to Nash equilibrium behavior. We conduct an experiment on a minority-of-three game in which each player is a team … egocentric instead. Our results contribute to the understanding of coordination dynamics resting on heterogeneity and co …

works in anindividual decision experiment. Subjects are faced with a sequentialsearch problem. After extensive practice …

conforming to Nash equilibrium behavior. We conduct an experiment on a minority-of-three game in which each player is a team … egocentric instead. Our results contribute to the understanding of coordination dynamics resting on heterogeneity and co …

conforming to Nash equilibrium behavior. We conduct an experiment on a minority-of-three game in which each player is a team … egocentric instead. Our results contribute to the understanding of coordination dynamics resting on heterogeneity and co … process level to the validity of modeling behavior using low-rationality reinforcement learning models. -- coordination …

data from coordination games. The analysis shows that the model fits the data well as it matches the key stylized facts. It …

data from coordination games. The analysis shows that the model fits the data well as it matches the key stylized facts. It …

feedback (strategic complementarity) - where optimistic (pessimistic) expectations can cause a boom (bust) - coordination … by coordination on trend-following behavior leading to (almost-)self-fulfilling equilibria. Heterogeneous expectations … implications of this coordination failure on the perfectly rational aggregate outcome and how policy can help to manage the self …

We analyze a class of coordination games in which the Kth player to submit an entry wins a contest. These games have an …