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Coordination and Incomplete Information: an Experimental Study
Swee-Hoon Chuah (),
Robert Hoffmann () and
Lee Chew Ging ()
Occasional Papers from Nottingham University Business School
Abstract:
This paper presents experimental evidence demonstrating that agents' knowledge of strategy alternatives in pure coordination games is inversely correlated with decision-making efficacy. Alternative theoretical accounts of players' choice processes in coordination games are considered to shed light on our empirical results.
Keywords: coordination ; incomplete information ; salience ; curse of knowledge (search for similar items in EconPapers)
JEL-codes: C72 C91 D83 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cbe , nep-exp and nep-mic
Date: 2004-03-05
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