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Learning and Sophistication in Coordination Games

  • Kyle Hydman

    (Department of Economics - Southern Methodist University)

  • Antoine Terracol

    ()

    (CES - Centre d'économie de la Sorbonne - CNRS : UMR8174 - Université Paris I - Panthéon-Sorbonne, EEP-PSE - Ecole d'Économie de Paris - Paris School of Economics - Ecole d'Économie de Paris)

  • Jonathan Vaksmann

    ()

    (CES - Centre d'économie de la Sorbonne - CNRS : UMR8174 - Université Paris I - Panthéon-Sorbonne)

This paper studies the role of strategic teaching in coordination games and whether changing the incentives of players to teach leads to more efficient coordination. We ran experiments where subjects played one of four coordination games in constant pairings, where the incentives to teach were varied along two dimensions--the short run cost of teaching and the long run benefit to teaching. We show which aspects of the game lead subjects to adopt long run teaching strategies, and show that subjects try to manipulate their opponent's actions to pull them out of a situation of coordination failure. We also show that extending a model of decision making by introducing a forward-looking component helps to track teachers' behaviour more accurately, and describes the way players behave in a more unified way across both teachers and learners.

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Paper provided by HAL in its series Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) with number hal-00607232.

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Date of creation: 2009
Date of revision:
Publication status: Published, Experimental Economics, 2009, 12, 4, 450-472
Handle: RePEc:hal:cesptp:hal-00607232
Note: View the original document on HAL open archive server: http://hal.archives-ouvertes.fr/hal-00607232
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