Connected Coordination: Network Structure and Group Coordination
Author(s) -
Mathew D. McCubbins,
Ramamohan Paturi,
Nicholas Weller
Publication year - 2008
Publication title -
ssrn electronic journal
Language(s) - English
Resource type - Journals
ISSN - 1556-5068
DOI - 10.2139/ssrn.1201387
Subject(s) - group (periodic table) , coordination game , business , computer science , physics , microeconomics , economics , quantum mechanics
Networks can affect a group's ability to solve a coordination problem. We utilize laboratory experiments to study the conditions under which groups of subjects can solve coordination games. We investigate a variety of different network structures, and we also investigate coordination games with symmetric and asymmetric payoffs. Our results show that network connections facilitate coordination in both symmetric and asymmetric games. Most significantly, we find that increases in the number of network connections encourage coordination even when payoffs are highly asymmetric. These results shed light on the conditions that may facilitate coordination in real-world networks.
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