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Classic coordination failures revisited: the effects of deviation costs and loss avoidance
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SYSNO ASEP 0355290 Document Type J - Journal Article R&D Document Type Journal Article Subsidiary J Ostatní články Title Classic coordination failures revisited: the effects of deviation costs and loss avoidance Author(s) Devetag, G. (IT)
Ortmann, Andreas (NHU-N) RIDSource Title Economics Bulletin. - : Economics Bulletin - ISSN 1545-2921
Roč. 30, č. 2 (2010), s. 1633-1641Number of pages 9 s. Publication form www - www Language eng - English Country US - United States Keywords coordination games ; Pareto-ranked equilibria ; payoff-asymmetric equilibria Subject RIV AH - Economics CEZ AV0Z70850503 - NHU-N (2005-2011) Annotation Are communication failures common? We revisit a classic example of experimental coordination failure and explore, in a 2x2 design, the effects of deviation costs and loss avoidance. Our results provide additional insights into the parametric determinants of laboratory coordination failures, and successes. Workplace Economics Institute Contact Tomáš Pavela, pavela@cerge-ei.cz, Tel.: 224 005 122 Year of Publishing 2011
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