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Description
  • Agents face a coordination problem akin to the adoption of a network technology. A principal announces investment subsidies that, at minimal cost, attain a given likelihood of successful coordination. Optimal subsidies target agents who impose high externalities on others and on whom others impose low externalities. Based on the analysis of the role of strategic uncertainty in coordination processes, we provide a methodology that can be used to find the optimal targets for a variety of interventions in a large class of coordination problems with heterogeneous agents.
  • Agents face a coordination problem akin to the adoption of a network technology. A principal announces investment subsidies that, at minimal cost, attain a given likelihood of successful coordination. Optimal subsidies target agents who impose high externalities on others and on whom others impose low externalities. Based on the analysis of the role of strategic uncertainty in coordination processes, we provide a methodology that can be used to find the optimal targets for a variety of interventions in a large class of coordination problems with heterogeneous agents. (en)
Title
  • Who matters in coordination problems?
  • Who matters in coordination problems? (en)
skos:prefLabel
  • Who matters in coordination problems?
  • Who matters in coordination problems? (en)
skos:notation
  • RIV/67985998:_____/12:00384730!RIV13-AV0-67985998
http://linked.open...avai/predkladatel
http://linked.open...avai/riv/aktivita
http://linked.open...avai/riv/aktivity
  • I
http://linked.open...iv/cisloPeriodika
  • 7
http://linked.open...vai/riv/dodaniDat
http://linked.open...aciTvurceVysledku
http://linked.open.../riv/druhVysledku
http://linked.open...iv/duvernostUdaju
http://linked.open...titaPredkladatele
http://linked.open...dnocenehoVysledku
  • 180950
http://linked.open...ai/riv/idVysledku
  • RIV/67985998:_____/12:00384730
http://linked.open...riv/jazykVysledku
http://linked.open.../riv/klicovaSlova
  • coordination problems; heterogeneous agents (en)
http://linked.open.../riv/klicoveSlovo
http://linked.open...odStatuVydavatele
  • US - Spojené státy americké
http://linked.open...ontrolniKodProRIV
  • [25DCCECC65FF]
http://linked.open...i/riv/nazevZdroje
  • American Economic Review
http://linked.open...in/vavai/riv/obor
http://linked.open...ichTvurcuVysledku
http://linked.open...cetTvurcuVysledku
http://linked.open...UplatneniVysledku
http://linked.open...v/svazekPeriodika
  • 102
http://linked.open...iv/tvurceVysledku
  • Steiner, Jakub
  • Sákovics, J.
http://linked.open...ain/vavai/riv/wos
  • 000312093000012
issn
  • 0002-8282
number of pages
http://bibframe.org/vocab/doi
  • 10.1257/aer.102.7.3439
is http://linked.open...avai/riv/vysledek of
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