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Recommended play and performance bonuses in the minimum effort coordination game

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  • Ananish Chaudhuri
  • Tirnud Paichayontvijit

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  • Ananish Chaudhuri & Tirnud Paichayontvijit, 2010. "Recommended play and performance bonuses in the minimum effort coordination game," Experimental Economics, Springer;Economic Science Association, vol. 13(3), pages 346-363, September.
    • Handle: RePEc:kap:expeco:v:13:y:2010:i:3:p:346-363
    DOI: 10.1007/s10683-010-9245-5
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    References listed on IDEAS

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    1. 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, vol. 80(1), pages 234-248, March.
    2. Cooper, Russell, et al, 1990. "Selection Criteria in Coordination Games: Some Experimental Results," American Economic Review, American Economic Association, vol. 80(1), pages 218-233, March.
    3. Jacob K. Goeree & Charles A. Holt, 2001. "Ten Little Treasures of Game Theory and Ten Intuitive Contradictions," American Economic Review, American Economic Association, vol. 91(5), pages 1402-1422, December.
    4. Jordi Brandts & David J. Cooper, 2006. "A Change Would Do You Good .... An Experimental Study on How to Overcome Coordination Failure in Organizations," American Economic Review, American Economic Association, vol. 96(3), pages 669-693, June.
    5. Jordi Brandts & David J. Cooper, 2007. "It's What You Say, Not What You Pay: An Experimental Study of Manager–Employee Relationships in Overcoming Coordination Failure," Journal of the European Economic Association, MIT Press, vol. 5(6), pages 1223-1268, December.
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    Cited by:

    1. Tisserand, Jean-Christian & Hopfensitz, Astrid & Blondel, Serge & Loheac, Youenn & Mantilla, César & Mateu, Guillermo & Rosaz, Julie & Rozan, Anne & Willinger, Marc & Sutan, Angela, 2022. "Management of common pool resources in a nation-wide experiment," Ecological Economics, Elsevier, vol. 201(C).
    2. Bolton Gary E. & Feldhaus Christoph & Ockenfels Axel, 2016. "Social Interaction Promotes Risk Taking in a Stag Hunt Game," German Economic Review, De Gruyter, vol. 17(3), pages 409-423, August.
    3. Doruk İriş & Jungmin Lee & Alessandro Tavoni, 2015. "Delegation and public pressure in a threshold public goods game: theory and experimental evidence," GRI Working Papers 186, Grantham Research Institute on Climate Change and the Environment.
    4. Doruk İriş & Jungmin Lee & Alessandro Tavoni, 2015. "Delegation and public pressure in a threshold public goods game: theory and experimental evidence," GRI Working Papers 186, Grantham Research Institute on Climate Change and the Environment.
    5. Johne Bone & Michalis Drouvelis & Indrajit Ray, 2013. "Coordination in 2 x 2 Games by Following Recommendations from Correlated Equilibria," Discussion Papers 12-04r, Department of Economics, University of Birmingham.
    6. Kriss, Peter H. & Blume, Andreas & Weber, Roberto A., 2016. "Coordination with decentralized costly communication," Journal of Economic Behavior & Organization, Elsevier, vol. 130(C), pages 225-241.
    7. Ananish Chaudhuri & Tony So & Erwann Sbai, 2017. "Pay cuts and layoffs in an experimental minimum effort coordination game," Economics Bulletin, AccessEcon, vol. 37(3), pages 2181-2197.
    8. Giovanna Devetag & Hykel Hosni & Giacomo Sillari, 2012. "You Better Play 7: Mutual versus Common Knowledge of Advice in a Weak-link Experiment," CEEL Working Papers 1201, Cognitive and Experimental Economics Laboratory, Department of Economics, University of Trento, Italia.
    9. Edward Cartwright, 2018. "The Optimal Strategy in the Minimum Effort Game," Games, MDPI, vol. 9(3), pages 1-11, June.
    10. Silverman, Dan & Slemrod, Joel & Uler, Neslihan, 2014. "Distinguishing the role of authority “in” and authority “to”," Journal of Public Economics, Elsevier, vol. 113(C), pages 32-42.
    11. Jordi Brandts & David J. Cooper & Roberto A. Weber, 2015. "Legitimacy, Communication, and Leadership in the Turnaround Game," Management Science, INFORMS, vol. 61(11), pages 2627-2645, November.
    12. Bernd Irlenbusch & Rainer Michael Rilke & Gari Walkowitz, 2019. "Designing feedback in voluntary contribution games: the role of transparency," Experimental Economics, Springer;Economic Science Association, vol. 22(2), pages 552-576, June.
    13. Chaudhuri, Ananish & Paichayontvijit, Tirnud & So, Tony, 2015. "Team versus individual behavior in the minimum effort coordination game," Journal of Economic Psychology, Elsevier, vol. 47(C), pages 85-102.
    14. Shaun P. Hargreaves Heap & Aikaterini Karadimitropoulou & Eugenio Levi, 2021. "Narrative based information: is it the facts or their packaging that matters?," MUNI ECON Working Papers 2021-08, Masaryk University, revised Feb 2023.
    15. Heggedal, Tom-Reiel & Helland, Leif & Neset Joslin, Knut-Eric, 2018. "Should I Stay or should I Go? Bandwagons in the lab," Journal of Economic Behavior & Organization, Elsevier, vol. 150(C), pages 86-97.
    16. Jordi Brandts & David J. Cooper, 2020. "Managerial Leadership, Truth-Telling, and Efficient Coordination," Working Papers 1211, Barcelona School of Economics.
    17. Stephan Schosser & Bodo Vogt, 2015. "Do hormones impact behavior in the minimum effort game? - An experimental investigation of human behavior during the weakest link game after the administration of vasopressin -," FEMM Working Papers 150011, Otto-von-Guericke University Magdeburg, Faculty of Economics and Management.
    18. José Gabriel Castillo & Zhicheng Phil Xu & Ping Zhang & Xianchen Zhu, 2021. "The effects of centralized power and institutional legitimacy on collective action," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 56(2), pages 385-419, February.
    19. Anna Lou Abatayo & Bo Jellesmark Thorsen, 2017. "One-shot exogenous interventions increase subsequent coordination in Denmark, Spain and Ghana," PLOS ONE, Public Library of Science, vol. 12(11), pages 1-19, November.
    20. Karine Lamiraud & Julien Patris & Radu Vranceanu, 2023. "Experimental evidence on the value of time and structure in market negotiations," Working Papers hal-03989514, HAL.
    21. Bernd Irlenbusch & Rainer Michael Rilke, 2013. "(Public) Good Examples - On the Role of Limited Feedback in Voluntary Contribution Games," Cologne Graduate School Working Paper Series 04-04, Cologne Graduate School in Management, Economics and Social Sciences.
    22. Johne Bone & Michalis Drouvelis & Indrajit Ray, 2013. "Coordination in 2 x 2 Games by Following Recommendations from Correlated Equilibria," Discussion Papers 12-04, Department of Economics, University of Birmingham.

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    More about this item

    Keywords

    Weak-link games; Coordination; Recommendations; Performance Bonus; Experiments; C91; C72; L23; M52;
    All these keywords.

    JEL classification:

    • C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • L23 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Organization of Production
    • M52 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Compensation and Compensation Methods and Their Effects

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