Coordination Failure Caused by Sunspots

In a coordination game with Pareto-ranked equilibria, we study whether a sunspot can lead to either coordination on an inferior equilibrium (mis-coordination) or to out-of equilibrium behavior (dis-coordination). While much of the literature searches for mechanisms to attain coordination on the effi...

Full description

Saved in:
Bibliographic details
Volume: F13-V2
Main Author: Roos, Michael W. M
Beugnot, Julie
Gürgüç, Zeynep
Øvlisen, Frederik R
Format: Paper
Language: English
Place of publication: Frankfurt a. M Verein für Socialpolitik 2010
published in: Beiträge zur Jahrestagung des Vereins für Socialpolitik 2010: Ökonomie der Familie - Session: Experimental Game Theory Vol. F13-V2
Data of publication: 2010
Online Access: Fulltext
Database: EconStor
Database information Databases - DBIS