Coordination and Cooperation Problems in Network Good Production
AbstractIf 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.
Scifeed alert for new publicationsNever miss any articles matching your research from any publisher
- Get alerts for new papers matching your research
- Find out the new papers from selected authors
- Updated daily for 49'000+ journals and 6000+ publishers
- Define your Scifeed now
Knigge, A.; Buskens, V. Coordination and Cooperation Problems in Network Good Production. Games 2010, 1, 357-380.
Knigge A, Buskens V. Coordination and Cooperation Problems in Network Good Production. Games. 2010; 1(4):357-380.Chicago/Turabian Style
Knigge, Antonie; Buskens, Vincent. 2010. "Coordination and Cooperation Problems in Network Good Production." Games 1, no. 4: 357-380.