Celebrating Success: Dr Till Weber

Congratulations to Dr Till Weber and his co-authors Simon Gaechter (Nottingham), Chris Starmer (Nottingham), Christian Thoeni (Lausanne) and Fabio Tufano (Nottingham) for their paper entitled “Social closeness can help, harm and be irrelevant in solving pure coordination problems” which has recently been published in Economics Letters.

Abstract

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.

Category
Tags

LEAVE A REPLY