6533b857fe1ef96bd12b43ae

RESEARCH PRODUCT

WITHIN-TEAM COMPETITION IN THE MINIMUM EFFORT COORDINATION GAME

Javier PeroteJavier PeroteTibor NeugebauerEnrique FatasEnrique Fatas

subject

TheoryofComputation_MISCELLANEOUSCompetition (economics)MicroeconomicsEconomics and EconometricsNon-cooperative gameEconomicsCoordination gameBaseline (configuration management)Industrial organization

description

.  We report the results of an experiment on a continuous version of the minimum effort coordination game. The introduction of within-team competition significantly increases effort levels relative to a baseline with no competition and increases coordination relative to a secure treatment where the pay-off-dominant equilibrium strategy weakly dominates all other actions. Nonetheless, within-team competition does not prevent subjects from polarizing both in the efficient and the inefficient equilibria.

https://doi.org/10.1111/j.1468-0106.2006.00312.x