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

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

intermediary organizations facilitate coordination among donors and reduce such risks. We explore such considerations by extending …

intermediary organizations facilitate coordination among donors and reduce such risks. To study this, we extend a threshold public …

This paper studies the effect of endogenous group formation on the outcome in two types of coordination games with … more groups within which they want to play the coordination game. In the theoretical part we show that a simple myopic best … reply dynamics under endogenous group formation leads to the payoff dominant outcome in both types of coordination 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 …

interaction effects. We conduct an experiment that avoids the identification problem present in the field. Our novel design …

In symmetric binary-choice coordination games, the global-game selection (GGS) has been proven to predict a high … the fraction of players choosing either action. This paper presents an experiment on asymmetric games in which the GGS …