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Giovanna Devetag and Andreas Ortmann
''Classic coordination failures revisited: the effects of deviation costs and loss avoidance''
( 2010, Vol. 30 No.2 )
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.
Keywords: coordination games, Pareto-ranked equilibria, payoff-asymmetric equilibria, optimization incentives, robustness, coordination failure
JEL: C9 - Design of Experiments: General
Manuscript Received : Apr 19 2010 Manuscript Accepted : Jun 10 2010

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