Following Recommendations to Avoid Coordination-Failure in 2 x 2 Games
2012
We consider 2 x 2 games like Battle of the Sexes and Chicken, to test whether or not players are able to coordinate on pure Nash equilibria following recommendations from correlation devices. We use two different correlation devices, public and private, for these games, with the same expected payoffs, in equilibrium. We find that the players overall do achieve coordination by playing the recommended strategies. However, coordination and following recommendations vary significantly among these games.
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