. However, this has never been tested on two "opposite poles" of coordination, namely, games of strategic complements and …. Friendship thus appears to have a very different impact on coordination games involving strategic complements and substitutes. We …

We run a laboratory experiment with a two-person game with unique pure Nash equilibrium which is also the solution of …

round of the game. Beyond improving coordination, communication increases efficiency by making subjects' play more lenient …Case studies of cartels and recent theory suggest that repeated communication is key for stable cooperation in … environments where signals about others' actions are noisy. However, empirically the exact role of communication is not well …

coordination in normal-form games with multiple equilibria - the more equitable equilibrium might be selected either because …-subjects experimental design, furthermore, we study the relative performance of the equity principle in six simple 2x2 coordination games … seems to be behind most of the coordination failures that we observe. …

subjective beliefs of players. In a laboratory experiment we measure subjects' certainty equivalents for three coordination games … and one lottery. Behavior in coordination games is related to risk aversion, experience seeking, gender, and age. From the … distribution of certainty equivalents among subjects we estimate probabilities for successful coordination in a wide range of games …

subjective beliefs of players. In a laboratory experiment we measure subjects' certainty equivalents for three coordination games … and one lottery. Behavior in coordination games is related to risk aversion, experience seeking, and age. From the … distribution of certainty equivalents we estimate probabilities for successful coordination in a wide range of games. For many …

subjective beliefs of players. In a laboratory experiment, we measure subjects' certainty equivalents for three coordination … games and one lottery. Behavior in coordination games is related to risk aversion, experience seeking, and age. From the … distribution of certainty equivalents, we estimate probabilities for successful coordination in a wide range of games. For many …

Case studies of cartels and recent theory suggest that communication promotes cooperation under imperfect monitoring …, where actions can only be observed with noise. We report the results of a laboratory experiment designed to answer the … question how much communication is needed to sustain cooperation. We find that pre-play communication reduces strategic …