Ten Isn’t Large! Group Size and Coordination in a Large-Scale Experiment

Jasmina Arifovic, Cars Hommes, Anita Kopányi-Peuker & isabelle salle
"Economic activities typically involve coordination among a large number of agents. These agents have to anticipate what other agents think before making their own decisions. Agents may fail to arrive at the best outcome simply because they believe that the others will fail to reach the same outcome. These situations are not uncommon: bank runs, liquidity runs in financial markets or currency attacks may all result from depositors and investors simply believing that others will...
This data repository is not currently reporting usage information. For information on how your repository can submit usage information, please see our documentation.