【主讲】叶茂亮 助教授 (中国人民大学汉青经济与金融高级研究院)
【主题】1. One Step at a Time: Does Gradualism Build Coordination? 2. Do es Gradualism Build Cooperation? Evidence from A Multi-round Investment Experiment
【时间】2014年1月6日 (周一) 15：30-17：00
【地点】上海财经大学经济学院楼710室
【语言】英文
【摘要】1. This paper studies a potential mechanism to promote coordination. With the theoretical guidance via a belief-based learning framework with level-k thinking, we conduct a multiple-period binary-choice weakest-link coordination experiment in the lab to study how gradualism – increasing required levels ("stakes") of contributions slowly over time rather t han requiring a high level of contribution immediately – affects group coordination performances on high-stake projects. We randomly assign subjects to three treatments: starting and continuing at a high stake, starting at a low stake but jumping to a high stake after a few periods, and starting at a low stake and gradua lly increasing the stake over time (the "gradualism" treatment). We find that groups coordinate most successfully at the high stake in the gradualism treatment relative to the other two treatments. Our findings point to a simple mechanism to promote successful voluntary coordination when other mechanisms such as communications and information feedback are absent or limited.
