Compound Games, focal points, and the framing of collective and individual interests
Stefania Sitzia and
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Stefan Penczynski: School of Economics and CBESS, University of East Anglia, Norwich.
Stefania Sitzia: School of Economics and CBESS, University of East Anglia, Norwich.
Jiwei Zheng: Department of Economics, Lancaster University Management School, Lancaster (UK)
No 20-04, Working Paper series, University of East Anglia, Centre for Behavioural and Experimental Social Science (CBESS) from School of Economics, University of East Anglia, Norwich, UK.
This study introduces the concept of â€œcompound gamesâ€ and investigates whether the decomposition of a game â€“ when implemented â€“ inï¬‚uences behaviour. For example, we investigate whether separating battle of the sexes games into a pure coordination component and the remaining battle of the sexes component changes coordination success. The literature attributes high coordination rates in pure coordination games with focal points to team reasoning and low coordination rates in related battle of the sexes games to level-k reasoning. We ï¬ nd that coordination success in compound games depends on the decomposition and order of component games.
Keywords: Compound games; focal points; framing; collective interest (search for similar items in EconPapers)
JEL-codes: C72 C91 D90 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cdm, nep-exp and nep-gth
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