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Coordination, focal points and voting in strategic situations: a natural experiment

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  • Ganna Pogrebna
  • Pavlo Blavatskyy
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    Abstract

    This paper studies coordination in a multi-stage elimination tournament with large monetary incentives and a diversified subject pool drawn from the adult British population. In the tournament, members of an ad hoc team earn money by answering general knowledge questions and then eliminate one contestant by plurality voting without prior communication. We find that in the early rounds of the tournament, contestants use a focal principle and coordinate on one of the multiple Nash equilibria in pure strategies by eliminating the weakest member of the team. However, in the later rounds, contestants switch to playing a mixed strategy Nash equilibrium.

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    Bibliographic Info

    Paper provided by Institute for Empirical Research in Economics - University of Zurich in its series IEW - Working Papers with number 403.

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    Date of creation: Feb 2009
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    Handle: RePEc:zur:iewwpx:403

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    Keywords: Coordination; focal point; voting in strategic situations;

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