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When Are Nash Equilibria Self Enforcing ? An Experimental Analysis Author info | Abstract | Publisher info | Download info | Related research | Statistics Clark, K.
Kay, S.
Sefton, M
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We investigate the effect of non-binding pre-play communication in experiments with simple two-player coordination games. We reproduce the results of other studies in which play converges to a Pareto-dominated equilibrium in the absence of communication, and communication moves outcomes in the direction of the Pareto-dominant equilibrium.
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Paper provided by University of Iowa, Department of Economics in its series Working Papers with number
97-04.
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Length: 33 pages
Date of creation: 1997Date of revision:
Handle: RePEc:uia:iowaec:97-04Contact details of provider: Postal: University of Iowa, Department of Economics, Henry B. Tippie College of Business, Iowa City, Iowa 52242 Phone: (319) 335-0829 Fax: (319) 335-1956 Web page: http://tippie.uiowa.edu/economics/ More information through EDIRC
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Keywords: ECONOMIC EQUILIBRIUM ; Other versions of this item:
Find related papers by JEL classification: C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
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Straub, Paul G., 1995.
"Risk dominance and coordination failures in static games ,"
The Quarterly Review of Economics and Finance ,
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[Downloadable!] (restricted)
John C. Harsanyi & Reinhard Selten, 1988.
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COOPER, R. & DEJONG, D.V. & FORSYTHE, R. & Tom Ross, 1989.
"Communication In Coordination Games ,"
Carleton Industrial Organization Research Unit (CIORU)
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Farrell, Joseph & Rabin, Matthew, 1996.
"Cheap Talk ,"
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Bernheim, B. Douglas & Peleg, Bezalel & Whinston, Michael D., 1987.
"Coalition-Proof Nash Equilibria I. Concepts ,"
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Other versions: Roth, Alvin E, 1980.
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Cooper, Russell, et al, 1990.
"Selection Criteria in Coordination Games: Some Experimental Results ,"
American Economic Review ,
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[Downloadable!] (restricted)
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Stefano Demichelis & Jörgen Weibull, 2009.
"Language, meaning and games A model of communication, coordination and evolution ,"
Working Papers
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Other versions:
Stefano Demichelis & Jörgen W. Weibull, 2007.
"Language, meaning and games: a model of communication, coordination and evolution ,"
Carlo Alberto Notebooks
61, Collegio Carlo Alberto.
[Downloadable!] Stefano Demichelis & Jorgen W. Weibull, 2008.
"Language, Meaning, and Games: A Model of Communication, Coordination, and Evolution ,"
American Economic Review ,
American Economic Association, vol. 98(4), pages 1292-1311, September.
[Downloadable!] Heike Hennig-Schmidt, 2008.
"The Framing of Games and the Psychology of Play ,"
Bonn Econ Discussion Papers
bgse15_2008, University of Bonn, Germany.
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Giovanna Devetag & Andreas Ortmann, 2006.
"When and Why? A Critical Survey on Coordination Failure in the Laboratory ,"
CEEL Working Papers
0605, Computable and Experimental Economics Laboratory, Department of Economics, University of Trento, Italia.
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Other versions:
Giovanna Devetag & Andreas Ortmann, 2006.
"When and Why? A Critical Survey on Coordination Failure in the Laboratory ,"
CERGE-EI Working Papers
wp302, The Center for Economic Research and Graduate Education - Economic Institute, Prague.
[Downloadable!] Giovanna Devetag & Andreas Ortmann, 2007.
"When and why? A critical survey on coordination failure in the laboratory ,"
Experimental Economics ,
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[Downloadable!] (restricted) Manzini, P. & Sadrieh, A. & Vriend, N.J., 2002.
"On smiles, winks, and handshake as coordination devices ,"
Discussion Paper
40, Tilburg University, Center for Economic Research.
[Downloadable!]
Other versions:
Paola Manzini & Abdolkarim Sadrieh & Nicolaas J. Vriend, 2002.
"On Smiles, Winks, and Handshakes as Coordination Devices ,"
Working Papers
456, Queen Mary, University of London, Department of Economics.
[Downloadable!] Paola Manzini & Abdolkarim Sadrieh & Nicolaas J. Vriend, 2009.
"On Smiles, Winks and Handshakes as Coordination Devices ,"
Economic Journal ,
Royal Economic Society, vol. 119(537), pages 826-854, 04.
[Downloadable!] (restricted) C. Mónica Capra & Tomomi Tanaka, 2006.
"Communication and the extraction of natural renewable resources with threshold externalities ,"
Emory Economics
0602, Department of Economics, Emory University (Atlanta).
[Downloadable!]
Demichelis, Stefano & Weibull, Jörgen, 2006.
"Efficiency, communication and honesty ,"
Working Paper Series in Economics and Finance
645, Stockholm School of Economics, revised 28 Nov 2006.
[Downloadable!]
Klaus Abbink & Silvia Pezzini, 2005.
"Determinants of Revolt: Evidence from Survey and Laboratory Data ,"
Discussion Papers
2005-01, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
[Downloadable!]
Keser, Claudia & Vogt, Bodo, 0000.
"Why do experimental subjects choose an equilibrium which is neither risk nor payoff dominant ,"
Sonderforschungsbereich 504 Publications
00-40, Sonderforschungsbereich 504, Universität Mannheim & Sonderforschungsbereich 504, University of Mannheim.
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Rigdon, Mary, 2005.
"Trust and reciprocity in incentive contracting ,"
MPRA Paper
2007, University Library of Munich, Germany, revised 15 May 2006.
[Downloadable!]
Other versions: Martin Sefton, 1999.
"A Model of Behavior in Coordination Game Experiments ,"
Experimental Economics ,
Springer, vol. 2(2), pages 151-164, December.
[Downloadable!] (restricted)
López-Pérez, Raúl, 2008.
"The Power of Words: Why Communication fosters Cooperation and Efficiency ,"
Working Papers in Economic Theory
2009/01, Universidad Autónoma de Madrid (Spain), Department of Economic Analysis (Economic Theory and Economic History).
[Downloadable!]
Ellingsen, Tore & Östling, Robert, 2006.
"Organizational Structure as the Channeling of Boundedly Rational Pre-play Communication ,"
Working Paper Series in Economics and Finance
634, Stockholm School of Economics.
[Downloadable!]
Vyrastekova, J., 2002.
"Efficiency versus risk dominance in an evolutionary model with cheap talk ,"
Discussion Paper
6, Tilburg University, Center for Economic Research.
[Downloadable!]
Quazi Shahriar & Subhasish Dugar, 2009.
"Focal Points and Economic Efficiency: Role of Relative Label Salience ,"
Working Papers
0033, San Diego State University, Department of Economics.
[Downloadable!]
repec:att:wimass:1919982 is not listed on IDEAS
Ellingsen, Tore & Östling, Robert, 2007.
"When Does Communication Improve Coordination? ,"
Working Paper Series in Economics and Finance
680, Stockholm School of Economics, revised 19 Jun 2008.
[Downloadable!]
Antonio Cabrales & Walter Garcia Fontes, 2000.
"Estimating Learning Models from Experimental Data ,"
Economics Working Papers
501, Department of Economics and Business, Universitat Pompeu Fabra.
[Downloadable!]
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