Munich Personal RePEc Archive

Focality is intuitive - Experimental evidence on the effects of time pressure in coordination games

Sonntag, Axel and Poulsen, Anders (2019): Focality is intuitive - Experimental evidence on the effects of time pressure in coordination games.

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Abstract

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.

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