Artikel

Coordination and cooperation problems in network good production

If actors want to reach a particular goal, they are often better off forming collaborative relations and investing together rather than investing separately. We study the coordination and cooperation problems that might hinder successful collaboration in a dynamic network setting. We develop an experiment in which coordination problems are mainly due to finding partners for collaboration, while cooperation problems arise at the investment levels of partners who have already agreed to collaborate. The results show that as costs of forming links increase, groups succeed less often in solving the coordination problem. Still, if subjects are able to solve the coordination problem, they invest in a suboptimal way in the network good. It is mostly found that if cooperation is successful in terms of investment, it is due to subjects being able to monitor how much their partners invest. Moreover, subjects deal better with the coordination and cooperation problems as they gain experience.

Sprache
Englisch

Erschienen in
Journal: Games ; ISSN: 2073-4336 ; Volume: 1 ; Year: 2010 ; Issue: 3 ; Pages: 357-380 ; Basel: MDPI

Klassifikation
Wirtschaft
Thema
network formation
coordination
cooperation
experiments
collective goods

Ereignis
Geistige Schöpfung
(wer)
Knigge, Antonie
Buskens, Vincent
Ereignis
Veröffentlichung
(wer)
MDPI
(wo)
Basel
(wann)
2010

DOI
doi:10.3390/g1040357
Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

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Objekttyp

  • Artikel

Beteiligte

  • Knigge, Antonie
  • Buskens, Vincent
  • MDPI

Entstanden

  • 2010

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