Choi, S;
Lee, J;
(2014)
COMMUNICATION, COORDINATION, AND NETWORKS.
JOURNAL OF THE EUROPEAN ECONOMIC ASSOCIATION
, 12
(1)
223 - 247.
10.1111/jeea.12058.
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Abstract
We study experimentally the role of the network structure of pre-play communication in determination of outcome and behavior in a multiplayer coordination game with conflicting preferences. We explore the trade-off between the efficiency and equity of coordination outcomes and its link to the network structure of communication. Our results show substantial variations in both efficiency and equity of coordination outcomes across networks. While, as expected, increasing the length of communication improves the chance of successful coordination, it also reduces the asymmetry in the distribution of coordinated outcomes. We identify behaviors that explain variations in the distribution of coordinated outcomes both within and across networks. In all treatments, coordination is mostly explained by convergence in communication.
| Type: | Article |
|---|---|
| Title: | COMMUNICATION, COORDINATION, AND NETWORKS |
| Open access status: | An open access version is available from UCL Discovery |
| DOI: | 10.1111/jeea.12058 |
| Publisher version: | http://dx.doi.org/10.1111/jeea.12058 |
| Additional information: | © 2014 The Authors. Journal of the European Economic Association published by John Wiley & Sons Ltd. on behalf of European Economic Association. This is an open access article under the terms of the Creative Commons Attribution License, which permits use, distribution and reproduction in any medium, provided the original work is properly cited. |
| UCL classification: | UCL UCL > Provost and Vice Provost Offices > UCL SLASH UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS |
| URI: | https://discovery.ucl.ac.uk/id/eprint/1359929 |
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