Social closeness can help, harm and be irrelevant in solving pure coordination problems

Experimental research has shown that ordinary people often perform remarkably well in solving coordination games that involve no conflicts of interest. While most experiments in the past studied such coordination games among socially distant anonymous players, here we study behaviour in a set of two...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
Veröffentlicht in:Economics letters 2022-07, Vol.216, p.110552, Article 110552
Hauptverfasser: Gächter, Simon, Starmer, Chris, Thöni, Christian, Tufano, Fabio, Weber, Till O.
Format: Artikel
Sprache:eng
Schlagworte:
Online-Zugang:Volltext
Tags: Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
Beschreibung
Zusammenfassung:Experimental research has shown that ordinary people often perform remarkably well in solving coordination games that involve no conflicts of interest. While most experiments in the past studied such coordination games among socially distant anonymous players, here we study behaviour in a set of two player coordination games and compare the outcomes depending on whether the players are socially close or socially distant. We find that social closeness influences prospects for coordination, but whether it helps, harms, or has no impact on coordination probabilities, depends on the structure of the game. •We test whether social closeness affects coordination in experimental pure-matching games.•Coordination is sometimes enhanced by closeness in open-form games.•Social closeness does not improve coordination in closed-form games.
ISSN:0165-1765
1873-7374
DOI:10.1016/j.econlet.2022.110552