Coordination when there are restricted and unrestricted options

Hargreaves Heap, Shaun P, Rojo-Arjona, David and Sugden, Robert (2017) Coordination when there are restricted and unrestricted options. Theory and Decision, 83 (1). 107–129. ISSN 0040-5833

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Abstract

One might expect that, in pure coordination games, coordination would become less frequent as the number of options increases. Contrary to this expectation, we report an experiment which found more frequent coordination when the option set was unrestricted than when it was restricted. To try to explain this result, we develop a method for eliciting the general rules that subjects use to identify salient options in restricted and unrestricted sets. We find that each such rule, if used by all subjects, would generate greater coordination in restricted sets. However, subjects tend to apply different rules to restricted and unrestricted sets.

Item Type: Article
Uncontrolled Keywords: coordination,salience,focal points,odd-one-out,typicality,prototypicality
Faculty \ School: Faculty of Social Sciences > School of Economics
UEA Research Groups: Faculty of Social Sciences > Research Centres > Centre for Competition Policy
Faculty of Social Sciences > Research Groups > Economic Theory
Faculty of Social Sciences > Research Centres > Centre for Behavioural and Experimental Social Sciences
Faculty of Social Sciences > Research Groups > Behavioural Economics
Depositing User: Pure Connector
Date Deposited: 23 Jan 2017 21:32
Last Modified: 20 Apr 2023 00:22
URI: https://ueaeprints.uea.ac.uk/id/eprint/62153
DOI: 10.1007/s11238-017-9589-9

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