Social closeness can help, harm and be irrelevant in solving pure coordination problems
(2022)
Journal Article
Gächter, S., Starmer, C., Thöni, C., Tufano, F., & Weber, T. O. (2022). Social closeness can help, harm and be irrelevant in solving pure coordination problems. Economics Letters, 216, Article 110552. https://doi.org/10.1016/j.econlet.2022.110552
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 anonymou... Read More about Social closeness can help, harm and be irrelevant in solving pure coordination problems.