The Power of Focal Points Is Limited: Even Minute Payoff Asymmetry May Yield Large Coordination Failures

Author: Crawford Vincent P.   Gneezy Uri   Rottenstreich Yuval  

Publisher: American Economic Association

ISSN: 0002-8282

Source: The American Economic Review, Vol.98, Iss.4, 2008-09, pp. : 1443-1458

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Abstract