The focality of dominated compromises in tacit coordination situations: Experimental evidence

B-Tier
Journal: Journal of Behavioral and Experimental Economics
Year: 2016
Volume: 60
Issue: C
Pages: 29-34

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We experimentally investigate if subjects in a tacit coordination situation with a conflict of interest tend to choose an equal compromise, even if it is strictly dominated. The data show that this is the case, as long as the compromise payoffs are not too low. Game comparisons suggest that choosing a dominated compromise is a focal point that allows subjects to avoid a costly coordination failure.

Technical Details

RePEc Handle
repec:eee:soceco:v:60:y:2016:i:c:p:29-34
Journal Field
Experimental
Author Count
3
Added to Database
2026-01-29