Identifying the reasons for coordination failure in a laboratory experiment

Külpmann P, Khantadze D (2016) Center for Mathematical Economics Working Papers; 567.
Bielefeld: Center for Mathematical Economics.

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Abstract
We investigate the effect of absence of common knowledge on the outcomes of coordination games in a laboratory experiment. Using cognitive types, we can explain coordination failure in pure coordination games while differentiating between coordination failure due to first- and higher-order beliefs. In our experiment, around 76% of the subjects have chosen the payoff-dominant equilibrium strategy despite the absence of common knowledge. However, 9% of the players had first-order beliefs that lead to coordination failure and another 9% exhibited coordination failure due to higher-order beliefs. Furthermore, we compare our results with predictions of commonly used models of higher-order beliefs.
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Külpmann P, Khantadze D. Identifying the reasons for coordination failure in a laboratory experiment. Center for Mathematical Economics Working Papers. Vol 567. Bielefeld: Center for Mathematical Economics; 2016.
Külpmann, P., & Khantadze, D. (2016). Identifying the reasons for coordination failure in a laboratory experiment (Center for Mathematical Economics Working Papers, 567). Bielefeld: Center for Mathematical Economics.
Külpmann, P., and Khantadze, D. (2016). Identifying the reasons for coordination failure in a laboratory experiment. Center for Mathematical Economics Working Papers, 567, Bielefeld: Center for Mathematical Economics.
Külpmann, P., & Khantadze, D., 2016. Identifying the reasons for coordination failure in a laboratory experiment, Center for Mathematical Economics Working Papers, no.567, Bielefeld: Center for Mathematical Economics.
P. Külpmann and D. Khantadze, Identifying the reasons for coordination failure in a laboratory experiment, Center for Mathematical Economics Working Papers, vol. 567, Bielefeld: Center for Mathematical Economics, 2016.
Külpmann, P., Khantadze, D.: Identifying the reasons for coordination failure in a laboratory experiment. Center for Mathematical Economics Working Papers, 567. Center for Mathematical Economics, Bielefeld (2016).
Külpmann, Philipp, and Khantadze, Davit. Identifying the reasons for coordination failure in a laboratory experiment. Bielefeld: Center for Mathematical Economics, 2016. Center for Mathematical Economics Working Papers. 567.
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