An experimental study of costly coordination

DOI10.1016/J.GEB.2004.08.006zbMATH Open1099.91032DBLPjournals/geb/GoereeH05OpenAlexW2034797531WikidataQ59938136 ScholiaQ59938136MaRDI QIDQ2485486FDOQ2485486

Authors: Jacob K. Goeree, Charles A. Holt 

Publication date: 5 August 2005

Published in: Games and Economic Behavior (Search for Journal in Brave)

Full work available at URL: https://authors.library.caltech.edu/5767/

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zbMATH Keywords

logit equilibriumout-of-sample predictionstochastic potential

Mathematics Subject Classification ID

Noncooperative games (91A10) Experimental studies (91A90)

Cites Work

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• Learning, Mutation, and Long Run Equilibria in Games
• The Evolution of Conventions
• Stochastic game theory: For playing games, not just for doing theory
• Minimum-effort coordination games: Stochastic potential and logit equilibrium
• Coordinating Coordination Failures in Keynesian Models
• Strategic Uncertainty, Equilibrium Selection, and Coordination Failure in Average Opinion Games
• Optimization Incentives and Coordination Failure in Laboratory Stag Hunt Games
• A new theory of equilibrium selection for games with complete information
• Adaptive Dynamics in Coordination Games
• An evolutionary interpretation of Van Huyck, Battalio, and Beil's experimental results on coordination
• Noisy equilibrium selection in coordination games

Cited In (17)

• Solving coordination failure with ``all-or-none group-level incentives
• Leading to efficient coordination: individual traits, beliefs and choices in the minimum effort game
• Step thinking and costly coordination
• Which hat to wear? Impact of natural identities on coordination and cooperation
• All-pay auctions with endogenous bid timing: an experimental study
• Maximum effort in the minimum-effort game
• The cost of collaboration
• Restricted and free-form cheap-talk and the scope for efficient coordination
• The optimal strategy in the minimum effort game
• When and why? A critical survey on coordination failure in the laboratory
• Minimum-effort coordination games: Stochastic potential and logit equilibrium
• Communication, leadership and coordination failure
• Leadership and overcoming coordination failure with asymmetric costs
• A unified approach to comparative statics puzzles in experiments
• Strategic risk and coordination failure in blame games
• Two ``little treasure games driven by unconditional regret
• Cognitive ability and the effect of strategic uncertainty

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