Template-Type: ReDIF-Paper 1.0
Author-Name: Stefan  Penczynski
Author-Name-First: Stefan 
Author-Name-Last: Penczynski
Author-Name: Stefania Sitzia
Author-Name-First: Stefania
Author-Name-Last: Sitzia
Author-Name: Jiwei Zheng
Author-Name-First: Jiwei
Author-Name-Last: Zheng
Title: Compound games, focal points, and the framing of collective and individual interests
Abstract: This study introduces the concept of “compound games” and investigates whether the decomposition of a game – when implemented – influences behaviour. For example, we investigate whether separating battle of the sexes games into a pure coordination component and the remaining battle of the sexes component changes coordination success. The literature attributes high coordination rates in pure coordination games with focal points to team reasoning and low coordination rates in related battle of the sexes games to level-k reasoning. We find that coordination<br/>success in compound games depends on the decomposition and order of component games.
Creation-Date: 2020
File-URL: http://www.lancaster.ac.uk/media/lancaster-university/content-assets/documents/lums/economics/working-papers/LancasterWP2020_018.pdf
File-Format: application/pdf
Number: 305138214
Classification-JEL: C72, C91, D90
Keywords: Compound games, focal points, framing, collective interest
Handle: RePEc:lan:wpaper:305138214