The problem of coordination in decision-making : an experimental perspective
Metadatos
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Metadatos
Título
The problem of coordination in decision-making : an experimental perspectiveAutoría
Tutor/Supervisor
Universitat Jaume I. Departament d'EconomiaFecha de publicación
2014Editor
Universitat Jaume IResumen
In this study I present the problem of coordination in decision-making from an
experimental point of view. I have reviewed exhaustively the literature in this field and
summarized the fundamental ways to approach ... [+]
In this study I present the problem of coordination in decision-making from an
experimental point of view. I have reviewed exhaustively the literature in this field and
summarized the fundamental ways to approach coordination problems. This literature
deals with the learning process of coordination games, ways to influence in equilibrium
selection and coordination failure.
I have also conducted a simple experimental design in order to get evidence on the
influence of payoff dominance in subject´s decision-making in two types coordination
games; a Stag Hunt and a Prisoner´s Dilemma. Results show that subjects coordinate
in the best payoff´s outcome in the Stag Hunt but not in the Prisoner´s Dilemma.
Overall, the experiment allows me to analyse whether laboratory subjects coordinate,
or learn to coordinate in the best payoff´s outcome. [-]
Palabras clave / Materias
Descripción
Treball Final de Grau en Economia. Codi: EC1049. Curs: 2013/2014
Tipo de documento
info:eu-repo/semantics/bachelorThesisDerechos de acceso
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info:eu-repo/semantics/restrictedAccess
info:eu-repo/semantics/restrictedAccess
Aparece en las colecciones
- Grau en Economia [292]