Skip to main content
Erschienen in: Journal of Economic Interaction and Coordination 1/2019

06.06.2018 | Regular Article

Coordination in a skeptical two-group population

verfasst von: Juan Carlos González-Avella, Haydée Lugo, Maxi San Miguel

Erschienen in: Journal of Economic Interaction and Coordination | Ausgabe 1/2019

Einloggen

Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.

search-config
loading …

Abstract

This paper explores a situation in which a population split into two groups attempts to achieve the socially efficient outcome of a coordination game between the groups. But, in addition to the coordination game, a second kind of interaction takes place inside each group trying to fulfill internal social aims such as acceptance or approval. To achieve these strategic and social concerns, a learning process comes about inside each group. The accomplishment of the social concerns depends only upon the popularity of the strategies inside each social group. We refer here to skeptical individuals as those that do not feel so much coerced by social influence in relation to social objectives. Our study reveals that a skeptical population can achieve coordination between the two groups, but it can also evolve to other final states, namely, anticoordination, dynamical coexistence of strategies and payoff inferior equilibrium. We analyse the causes that give rise to these final states in the whole range of initial distributions of strategies. Our analysis discloses a highly nontrivial behaviour observed in many real-life situations: We find that for high levels of skepticism a society can coordinate in the socially efficient coordination outcome, which can not be obtained for lower levels of skepticism. We also describe how such coordination is possible in a risky environment. We provide numerical simulations that describe the complexity of the different scenarios.

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

  • über 102.000 Bücher
  • über 537 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Maschinenbau + Werkstoffe
  • Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 340 Zeitschriften

aus folgenden Fachgebieten:

  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Versicherung + Risiko




Jetzt Wissensvorsprung sichern!

Literatur
Zurück zum Zitat Alm J, McKee M (2004) Tax compliance as a coordination game. J Econ Behav Organ 54(3):297–312CrossRef Alm J, McKee M (2004) Tax compliance as a coordination game. J Econ Behav Organ 54(3):297–312CrossRef
Zurück zum Zitat Anderson L, Holt C (1997) Information cascades in the laboratory. Am Econ Rev 87(5):847–862 Anderson L, Holt C (1997) Information cascades in the laboratory. Am Econ Rev 87(5):847–862
Zurück zum Zitat Battalio R, Samuelson L, Van Huyck J (2001) Optimization incentives and coordination failure in laboratory stag hunt games. Econometrica 69:749–764CrossRef Battalio R, Samuelson L, Van Huyck J (2001) Optimization incentives and coordination failure in laboratory stag hunt games. Econometrica 69:749–764CrossRef
Zurück zum Zitat Bikhchandani S, Hirshleifer D, Welch I (1998) Learning from the behavior of others: conformity, fads, and informational cascades. J Econ Perspect 12(3):151–170CrossRef Bikhchandani S, Hirshleifer D, Welch I (1998) Learning from the behavior of others: conformity, fads, and informational cascades. J Econ Perspect 12(3):151–170CrossRef
Zurück zum Zitat Blume L, Durlauf S (2003) Equilibrium concepts for social interaction models. Int Game Theory Rev 5:193–209CrossRef Blume L, Durlauf S (2003) Equilibrium concepts for social interaction models. Int Game Theory Rev 5:193–209CrossRef
Zurück zum Zitat Chisholm D (1992) Coordination without hierarchy: informal structures in multiorganizational systems. University of California Press, Berkeley Chisholm D (1992) Coordination without hierarchy: informal structures in multiorganizational systems. University of California Press, Berkeley
Zurück zum Zitat Clark K, Kay S, Sefton M (2001) When are nash equilibria self enforcing? An experimental analysis. Int J Game Theory 29:495–515CrossRef Clark K, Kay S, Sefton M (2001) When are nash equilibria self enforcing? An experimental analysis. Int J Game Theory 29:495–515CrossRef
Zurück zum Zitat Conradt L, Roper TJ (2005) Consensus decision making in animals. Trends Ecol Evol 20:449–456CrossRef Conradt L, Roper TJ (2005) Consensus decision making in animals. Trends Ecol Evol 20:449–456CrossRef
Zurück zum Zitat Crawford VP, Gneezy U, Rottenstreich Y (2008) The power of focal points is limited: even minute payoff asymmetry may yield large coordination failures. Am Econ Rev 98(4):1443–58CrossRef Crawford VP, Gneezy U, Rottenstreich Y (2008) The power of focal points is limited: even minute payoff asymmetry may yield large coordination failures. Am Econ Rev 98(4):1443–58CrossRef
Zurück zum Zitat Friedman D (1996) Equilibrium in evolutionary games: some experimental results. Econ J 106:1–15CrossRef Friedman D (1996) Equilibrium in evolutionary games: some experimental results. Econ J 106:1–15CrossRef
Zurück zum Zitat Granovetter M (1978) Threshold models of collective behaviour the American. J Sociol 83:1420–1443 Granovetter M (1978) Threshold models of collective behaviour the American. J Sociol 83:1420–1443
Zurück zum Zitat Harsanyi JC, Selten R (1988) A general theory of equilibrium selection in games, vol 1. MIT Press Books, Cambridge Harsanyi JC, Selten R (1988) A general theory of equilibrium selection in games, vol 1. MIT Press Books, Cambridge
Zurück zum Zitat Lugo H, San Miguel M (2015) Learning and coordinating in a multilayer network. Sci Rep 5:7776CrossRef Lugo H, San Miguel M (2015) Learning and coordinating in a multilayer network. Sci Rep 5:7776CrossRef
Zurück zum Zitat Maynard Smith J (1982) Evolution and the theory of games. Cambridge University Press, Cambridge Maynard Smith J (1982) Evolution and the theory of games. Cambridge University Press, Cambridge
Zurück zum Zitat Straub Paul G (1995) Risk dominance and coordination failures in static games. Q Rev Econ Financ 35(4):339–363CrossRef Straub Paul G (1995) Risk dominance and coordination failures in static games. Q Rev Econ Financ 35(4):339–363CrossRef
Zurück zum Zitat Weidenholzer S (2010) Coordination games and local interactions: a survey of the game theoretic literature. Games 1(4):551–585CrossRef Weidenholzer S (2010) Coordination games and local interactions: a survey of the game theoretic literature. Games 1(4):551–585CrossRef
Metadaten
Titel
Coordination in a skeptical two-group population
verfasst von
Juan Carlos González-Avella
Haydée Lugo
Maxi San Miguel
Publikationsdatum
06.06.2018
Verlag
Springer Berlin Heidelberg
Erschienen in
Journal of Economic Interaction and Coordination / Ausgabe 1/2019
Print ISSN: 1860-711X
Elektronische ISSN: 1860-7128
DOI
https://doi.org/10.1007/s11403-018-0223-x

Weitere Artikel der Ausgabe 1/2019

Journal of Economic Interaction and Coordination 1/2019 Zur Ausgabe