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BEGIN:VEVENT
DTSTAMP:20260626T003800Z
DTSTART;VALUE=DATE-TIME:20121122T143000
DTEND;VALUE=DATE-TIME:20121122T154500
SUMMARY:DR@W forum: Fabio Tufano (Milan Bicocca University)
TZID:Europe/London
UID:20121122-8a1785d77b065d9b017b5dc5cb4c1eeb@warwick.ac.uk
CREATED:20120913T144926Z
DESCRIPTION:Fabio Tufano (Milan Bicocca University) The Power of Social R
 elations for Coordination: The Magic of ‘Oneness’ Understanding the dete
 rminants of coordination success is an important issue in economics. We 
 report the results of experiments investi-gating the influence of social
  relations in a coordination game with Pareto-ranked equilibria. A novel
  feature of our setup is the use of a technique for measuring ‘oneness’.
  This construct\, and tools for measuring it\, have been developed in ps
 ychology where an established literature identifies oneness as a useful 
 way of measuring the ‘closeness’ of relationships that exist between pai
 rs of individuals. We adapt the measure to impute oneness indices to gro
 ups of individuals who also play a repeated weak-link game\, where coord
 ination failure is endemic. Our results are striking. Despite no possibi
 lities for communication\, groups with high oneness are very likely to c
 oordinate on highly Pareto-ranked equilibria while groups with low onene
 ss never do\; hence\, sufficiently high oneness appears a necessary cond
 ition for coordination success. While oneness co-varies\, as expected\, 
 with various objective characteristics of groups\, surprisingly\, and pe
 rhaps somewhat magically\, in the presence of oneness no other factors a
 re ever significant. Download the flyer
LOCATION:Library 3rd Floor Extension (Wolfson Research Exchange Area) - S
 eminar Room 1
CATEGORIES:Draw Forum
LAST-MODIFIED:20210819T093725Z
ORGANIZER;CN=Hana Sysalova:
END:VEVENT
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