We study the relationship between coordination games and asset markets. Securities ’ values in the asset markets are dependent on the outcome of the subsequent coordination game. We explore both the-oretically and experimentally how final prices and asset holdings in the market influence and forecast outcomes in the coordination game. We find that asset markets have significant influence on efficiency and coordination
We experimentally study equilibrium selection in repeated coordination games played on networks. We ...
This survey article starts with a game-theoretic interpretation of coordination problems that occur ...
Coordination behavior is studied experimentally in a class of noncooperative market entry games feat...
We explore both theoretically and experimentally how final prices and security holdings in an asset ...
We examine the effectiveness of asset markets when the final out-come upon which the asset payout is...
Crises, such as bank runs, currency crises, and debt crises have the common structure of a coordinat...
We develop a coordination game to model interactions between fundamentals and liquidity during unsta...
We develop a coordination game to model interactions between fundamentals and liquidity during unsta...
This paper studies the outcome of a two-stage global game wherein a market-based asset price determi...
Speculators contemplating an attack (e.g., on a currency peg) must guess the beliefs of other specul...
This dissertation is concerned with microeconomic models of equilibrium pricing in financial markets...
We introduce endogenous price formation into the theoretical global games model of currency crises, ...
Program year: 1996/1997Digitized from print original stored in HDRAuctioning the right to participat...
The research reported in this dissertation explores the coordination problem faced by economic agent...
A model is proposed to explain the results of recent experiments in which subjects repeatedly played...
We experimentally study equilibrium selection in repeated coordination games played on networks. We ...
This survey article starts with a game-theoretic interpretation of coordination problems that occur ...
Coordination behavior is studied experimentally in a class of noncooperative market entry games feat...
We explore both theoretically and experimentally how final prices and security holdings in an asset ...
We examine the effectiveness of asset markets when the final out-come upon which the asset payout is...
Crises, such as bank runs, currency crises, and debt crises have the common structure of a coordinat...
We develop a coordination game to model interactions between fundamentals and liquidity during unsta...
We develop a coordination game to model interactions between fundamentals and liquidity during unsta...
This paper studies the outcome of a two-stage global game wherein a market-based asset price determi...
Speculators contemplating an attack (e.g., on a currency peg) must guess the beliefs of other specul...
This dissertation is concerned with microeconomic models of equilibrium pricing in financial markets...
We introduce endogenous price formation into the theoretical global games model of currency crises, ...
Program year: 1996/1997Digitized from print original stored in HDRAuctioning the right to participat...
The research reported in this dissertation explores the coordination problem faced by economic agent...
A model is proposed to explain the results of recent experiments in which subjects repeatedly played...
We experimentally study equilibrium selection in repeated coordination games played on networks. We ...
This survey article starts with a game-theoretic interpretation of coordination problems that occur ...
Coordination behavior is studied experimentally in a class of noncooperative market entry games feat...