Choi, S.;
Lee, J.;
(2009)
Communication, coordination and networks.
(ELSE Working Papers
347).
ESRC Centre for Economic Learning and Social Evolution: London, UK.
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Abstract
We study experimentally how the network structure and length of pre-play communication affect behavior and outcome in a multi-player coordination game with conflicting preferences. Network structure matters but the interaction between network and time effects is more subtle. Under each time treatment, substantial variations are observed in both the rate of coordination and distribution of coordinated outcomes across networks. But, increasing the communication length improves both efficiency and equity of coordination. In all treatments, coordination is mostly explained by convergence in communication. We also identify behaviors that explain variations in the distribution of coordinated outcomes both within and across networks.
| Type: | Working / discussion paper |
|---|---|
| Title: | Communication, coordination and networks |
| Open access status: | An open access version is available from UCL Discovery |
| Publisher version: | http://else.econ.ucl.ac.uk/newweb/papers.php#2009 |
| Language: | English |
| Keywords: | Experiment, pre-play communication, coordination, network, efficiency, equity |
| UCL classification: | UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS > Dept of Economics |
| URI: | https://discovery.ucl.ac.uk/id/eprint/18895 |
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