Going green: Framing effects in a dynamic coordination game

Reyer Gerlagh and Eline van der Heijden

Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), 2024, vol. 108, issue C

Abstract: We study decision-making in a (novel) dynamic coordination game that simulates ‘social tipping’. The game involves groups of three subjects who initially find themselves in a stable state with positive network externalities. Over seven rounds, they have the opportunity to transition to an alternative stable state with higher payoff, based on the other network. The transition is slow, costly and requires coordination to minimize costs.

Keywords: Cost of transition; Lab experiment; Dynamic stag hunt game; Framing (search for similar items in EconPapers)
JEL-codes: C73 C92 O44 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:soceco:v:108:y:2024:i:c:s221480432300174x

DOI: 10.1016/j.socec.2023.102148

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