information suppliers compete for it. We examine how the dual role of information sources as learning and coordination devices …

We study information acquisition in a coordination game with incomplete information. To capture the idea that players … their welfare and are rationally inattentive to other aspects. When coordination is valuable and information is cheap …, endogenous and flexible information acquisition enable players to acquire information that makes efficient coordination possible …

direct and indirect connections. In addition to forming (costly) links, agents choose actions for a coordination game that … determines the level of decay of each link. We address the issues of coordination (long-run equilibrium selection) and network … risk-dominance play a crucial role in the long-run behavior of the system. -- coordination ; networks ; risk …

coordination problems. We conduct experiments under various conditions which control for salient labeling and learning dynamics …. Contrary to previous experiments, we find that coordination on non-empty Strict Nash equilibria is not an easy task for … significantly helps coordination, but only when subjects are pre-instructed to think of the wheel network as a reasonable way to …

We study observational learning among agents with coordination motives. On a discrete time line, communities of agents … observations are correlated, coordination motives inevitably lead to herding even when private beliefs are unbounded; when …

This study focuses on discovered versions of coordination games with unawareness, and proposes a novel solution concept … under unawareness named a successful-coordination equilibrium. In games with unawareness, coordination might fail because …, showing that their revised games by discovering and imitating must propose a successful-coordination equilibrium …