Advanced Search
MyIDEAS: Login to save this paper or follow this series

Coordination and Incomplete Information: an Experimental Study

Contents:

Author Info

Abstract

This paper presents experimental evidence demonstrating that agents' knowledge of strategy alternatives in pure coordination games is inversely correlated with decision-making efficacy. Alternative theoretical accounts of players' choice processes in coordination games are considered to shed light on our empirical results.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: ftp://all.repec.org/RePEc/nom/occasi/coordination.pdf
Our checks indicate that this address may not be valid because: 404 Failed to CWD to directory nom [Failed to change directory.]. If this is indeed the case, please notify (Robert Hoffmann)
Download Restriction: no

Bibliographic Info

Paper provided by Nottingham University Business School in its series Occasional Papers with number 6.

as in new window
Length: 14 pages
Date of creation: 05 Mar 2004
Date of revision:
Handle: RePEc:nom:occasi:6

Contact details of provider:
Postal: Jalan Broga, 43500 Semenyih, Selangor Darul Ehsan
Phone: +603 8924 8000
Fax: +603 8924 8002
Email:
Web page: http://ampang.nottingham.edu.my/business/
More information through EDIRC

Order Information:
Email:

Related research

Keywords: coordination; incomplete information; salience; curse of knowledge;

Other versions of this item:

Find related papers by JEL classification:

This paper has been announced in the following NEP Reports:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Maarten Janssen, 2001. "Rationalizing Focal Points," Theory and Decision, Springer, Springer, vol. 50(2), pages 119-148, March.
  2. Cooper, Russell, et al, 1990. "Selection Criteria in Coordination Games: Some Experimental Results," American Economic Review, American Economic Association, American Economic Association, vol. 80(1), pages 218-33, March.
  3. John C. Harsanyi & Reinhard Selten, 1988. "A General Theory of Equilibrium Selection in Games," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262582384, December.
  4. Bacharach, Michael & Bernasconi, Michele, 1997. "The Variable Frame Theory of Focal Points: An Experimental Study," Games and Economic Behavior, Elsevier, Elsevier, vol. 19(1), pages 1-45, April.
  5. Casajus, Andre, 2000. "Focal Points in Framed Strategic Forms," Games and Economic Behavior, Elsevier, Elsevier, vol. 32(2), pages 263-291, August.
  6. Sugden, Robert, 1995. "A Theory of Focal Points," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 105(430), pages 533-50, May.
  7. Van Huyck, John B & Battalio, Raymond C & Beil, Richard O, 1990. "Tacit Coordination Games, Strategic Uncertainty, and Coordination Failure," American Economic Review, American Economic Association, American Economic Association, vol. 80(1), pages 234-48, March.
  8. Young, H Peyton, 1993. "The Evolution of Conventions," Econometrica, Econometric Society, Econometric Society, vol. 61(1), pages 57-84, January.
  9. COOPER, R. & DEJONG, D.V. & FORSYTHE, R. & Tom Ross, 1989. "Communication In Coordination Games," Carleton Industrial Organization Research Unit (CIORU), Carleton University, Department of Economics 89-07, Carleton University, Department of Economics.
  10. Tom Ross & Russell Cooper & Douglas V. DeJong & Robert Forsythe, 1987. "Selection Criteria in Coordination Games: Some Experimental Results," Carleton Industrial Organization Research Unit (CIORU), Carleton University, Department of Economics 87-04, Carleton University, Department of Economics.
  11. Mehta, Judith & Starmer, Chris & Sugden, Robert, 1994. "The Nature of Salience: An Experimental Investigation of Pure Coordination Games," American Economic Review, American Economic Association, American Economic Association, vol. 84(3), pages 658-73, June.
  12. Kreps, David M. & Milgrom, Paul & Roberts, John & Wilson, Robert, 1982. "Rational cooperation in the finitely repeated prisoners' dilemma," Journal of Economic Theory, Elsevier, Elsevier, vol. 27(2), pages 245-252, August.
  13. Kandori, Michihiro & Mailath, George J & Rob, Rafael, 1993. "Learning, Mutation, and Long Run Equilibria in Games," Econometrica, Econometric Society, Econometric Society, vol. 61(1), pages 29-56, January.
  14. Cooper, Russell, et al, 1992. "Communication in Coordination Games," The Quarterly Journal of Economics, MIT Press, MIT Press, vol. 107(2), pages 739-71, May.
  15. Camerer, Colin & Loewenstein, George & Weber, Martin, 1989. "The Curse of Knowledge in Economic Settings: An Experimental Analysis," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 97(5), pages 1232-54, October.
Full references (including those not matched with items on IDEAS)

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:nom:occasi:6. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Robert Hoffmann).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.