Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7349270 | Economics Letters | 2018 | 4 Pages |
Abstract
Are people better at coordinating on a focal point when the game is framed as coordinating on a division of losses rather than gains? In an experimental coordination game, we vary the payoff framing (gain vs loss) and stake size (low vs high) to examine this question. We find that loss framing reduces coordination on the focal point, with the strongest effect observed in high stakes games.
Related Topics
Social Sciences and Humanities
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Economics and Econometrics
Authors
Odile Poulsen, Krista J. Saral,