Original paper
Compromise and coordination: An experimental study
Abstract
This study experimentally examines the role of a compromise option in a repeated battle-of-the-sexes game. In a random matching environment, we find that compromise serves as an effective focal point and facilitates coordination, but fails to improve efficiency. However, in a fixed-partnership environment, compromise deters subjects from learning to play alternation, which is a more efficient, but arguably more complex strategy. As a result,...
Paper Details
Title
Compromise and coordination: An experimental study
Published Date
Jan 1, 2020
Journal
Volume
119
Pages
216 - 233
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Notes
History