Stand by Me-Experiments on Help and Commitment in Coordination Games
成果类型:
Article
署名作者:
Brandts, Jordi; Cooper, David J.; Fatas, Enrique; Qi, Shi
署名单位:
Consejo Superior de Investigaciones Cientificas (CSIC); CSIC - Institut d'Analisi Economica (IAE); State University System of Florida; Florida State University; University of East Anglia; University of East Anglia
刊物名称:
MANAGEMENT SCIENCE
ISSN/ISSBN:
0025-1909
DOI:
10.1287/mnsc.2015.2269
发表日期:
2016
页码:
2916-2936
关键词:
Incentives
COORDINATION
experiments
ORGANIZATIONS
heterogeneous work teams
摘要:
We present experiments studying how high-ability individuals use help to foster efficient coordination. After an initial phase that traps groups in a low-productivity equilibrium, incentives to coordinate are increased, making it possible to escape this performance trap. The design varies whether high-ability individuals can offer help and, if so, whether they must commit to help for an extended period. If help is chosen on a round-by-round basis, the probability of escaping the performance trap is slightly reduced by allowing for help. The likelihood of success significantly improves if high-ability individuals must commit to help for an extended time. We develop and estimate a structural model of sophisticated learning that provides an explanation for why commitment is necessary. The key insight is that potential leaders who are overly optimistic about their ability to teach their followers are too fast to eliminate help in the absence of commitment.