EconStor >
Max Planck Institute for Research on Collective Goods, Bonn >
Preprints of the Max Planck Institute for Research on Collective Goods >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/32245
  
Title:Efficiency gains from team-based coordination ; large-scale experimental evidence PDF Logo
Authors:Feri, Francesco
Irlenbusch, Bernd
Sutter, Matthias
Issue Date:2009
Series/Report no.:Preprints of the Max Planck Institute for Research on Collective Goods 2009,14
Abstract:The need for efficient coordination is ubiquitous in organizations and industries. The literature on the determinants of efficient coordination has focused on individual decision making so far. In reality, however, teams often have to coordinate with other teams. We present a series of coordination experiments with a total of 1,101 participants. We find that teams of three subjects each coordinate much more efficiently than individuals. This finding adds one important cornerstone to the recent literature on the conditions for successful coordination. We explain the differences between individuals and teams using the experience weighted attraction learning model.
JEL:C71
C91
C92
Document Type:Working Paper
Appears in Collections:Preprints of the Max Planck Institute for Research on Collective Goods

Files in This Item:
File Description SizeFormat
605798133.pdf1.24 MBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:http://hdl.handle.net/10419/32245

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.