09:30 - 11:00
Parallel track
Room: Eijkmankamer
Focality is intuitive - Experimental evidence on the effects of time pressure in coordination games
Axel Sonntag
University of Vienna, Vienna
Institute for Advanced Studies, Vienna

We experimentally examine the effects of varying time pressure in a coordination game with a label salient focal equilibrium. We consider both a pure coordination game (payoff symmetry) and a battle of the sexes game with conflict of interest (payoff asymmetry). In symmetric games, there are no effects of time pressure, since the label-salient outcome is highly focal regardless of how much time subjects have to decide. In asymmetric games, less time results in greater focality of the the label-salient action, and it becomes significantly more likely that any coordination is on the focal outcome.


Reference:
Fr-Coordination and repeated games-4
Session:
Coordination and repeated games
Presenter/s:
Axel Sonntag
Room:
Eijkmankamer
Date:
Friday, 3 May
Time:
09:30 - 11:00
Session times:
09:30 - 11:00