Communication, leadership and coordination failure

Dong, Lu and Montero, Maria and Possajennikov, Alex (2017) Communication, leadership and coordination failure. Theory and Decision . ISSN 1573-7187

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Abstract

We investigate the limits of communication and leadership in avoiding coordination failure in minimum effort games. Our environment is challenging, with low benefits of coordination relative to the effort cost. We consider two leader types: cheap-talk leader-communicators who suggest an effort level, and first-mover leaders who lead by example. Both types of leadership have some ability to increase effort in groups with no history, but are insufficient in groups with a history of low effort. Using the strategy method for followers’ responses, we attribute the persistence of coordination failure to the presence of followers who do not follow the leader.

Item Type: Article
Keywords: Minimum effort game, Coordination failure, Communication, Leadership
Schools/Departments: University of Nottingham, UK > Faculty of Social Sciences > School of Economics
Identification Number: 10.1007/s11238-017-9617-9
Depositing User: Eprints, Support
Date Deposited: 19 Jun 2017 13:19
Last Modified: 03 Jul 2017 08:49
URI: http://eprints.nottingham.ac.uk/id/eprint/43651

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