scholarly journals Free Neighborhood Choice Boosts Socially Optimal Outcomes in Stag-Hunt Coordination Problem

2021 ◽  
Author(s):  
Arno M. Riedl ◽  
Ingrid M. T. Rohde ◽  
Martin Strobel
Keyword(s):  
Coordination Problem ◽  
Stag Hunt ◽  
Optimal Outcomes ◽  
Neighborhood Choice

scholarly journals Free neighborhood choice boosts socially optimal outcomes in stag-hunt coordination problem

2021 ◽  
Vol 11 (1) ◽  
Author(s):  
Arno Riedl ◽  
Ingrid M. T. Rohde ◽  
Martin Strobel
Keyword(s):  
Human Subjects ◽  
Theoretical Work ◽  
Welfare Gains ◽  
Coordination Problem ◽  
Stag Hunt ◽  
Optimal Outcomes ◽  
Desirable Outcome ◽  
Global Problems ◽  
Response Change ◽  
Neighborhood Choice

AbstractSituations where independent agents need to align their activities to achieve individually and socially beneficial outcomes are abundant, reaching from everyday situations like fixing a time for a meeting to global problems like climate change agreements. Often such situations can be described as stag-hunt games, where coordinating on the socially efficient outcome is individually optimal but also entails a risk of losing out. Previous work has shown that in fixed interaction neighborhoods agents’ behavior mostly converges to the collectively inefficient outcome. However, in the field, interaction neighborhoods often can be self-determined. Theoretical work investigating such circumstances is ambiguous in whether the efficient or inefficient outcome will prevail. We performed an experiment with human subjects exploring how free neighborhood choice affects coordination. In a fixed interaction treatment, a vast majority of subjects quickly coordinates on the inefficient outcome. In a treatment with neighborhood choice, the outcome is dramatically different: behavior quickly converges to the socially desirable outcome leading to welfare gains 2.5 times higher than in the environment without neighborhood choice. Participants playing efficiently exclude those playing inefficiently who in response change their behavior and are subsequently included again. Importantly, this mechanism is effective despite that only few exclusions actually occur.

scholarly journals Policy Coordination and Outcomes: Theoretical Perspectives and Empirical Evidence in Nigeria

2020 ◽  
Vol 12 (4(J)) ◽  
pp. 90-105
Author(s):  
ADEGBOYE Abiodun Adewale
Keyword(s):  
Monetary Policy ◽  
Policy Coordination ◽  
Theoretic Model ◽  
Policy Mix ◽  
Coordination Problem ◽  
Initial State ◽  
Optimal Outcomes ◽  
Theoretical Perspectives ◽  
Short Run ◽  
Game Theoretic

The paper discusses the fiscal-monetary coordination and the resultant outcomes in macroeconomic aggregates from theoretical and empirical perspectives. The game-theoretic technique was also used to analyse the policy mix conundrum vis-a-vis the fiscal-monetary policies interaction and how that translates into optimal outcomes in an economy. However, the situation of making or forcing monetary policy to be subordinate to fiscal policy may still not generate socially optimal results. This is not far-fetched as the payoffs in the game-theoretic model suggest the presence of minimal coordination problem but high policy conflict even if both authorities are disciplined. Coordination problem and goal conflict seem to be non-existent - when both fiscal and monetary policy blocks are committed and responsible in their choices. Further analyses indicate that the policy mix of both fiscal and monetary authorities for inflation seemed complementary. Inflation responded negatively to the shock of debt in the short run. However, in the medium term, the shock becomes positive and later returns to the initial state. The study suggests that policy designs in Nigeria must harmonise both stabilisation and growth objectives to have optimal outcomes.

scholarly journals Collaboration and Gender Focality in Stag Hunt Bargaining

Games ◽  
2021 ◽  
Vol 12 (2) ◽  
pp. 39
Author(s):  
Geraldine Guarin ◽  
J. Jobu Babin
Keyword(s):  
Pareto Optimal ◽  
Experimental Setting ◽  
Optimal Outcome ◽  
Coordination Problem ◽  
Stag Hunt ◽  
Collaborative Task ◽  
Stag Hunt Game ◽  
And Gender ◽  
Beneficial Outcome

Knowing the gender of a counterpart can be focal in the willingness to collaborate in team settings that resemble the classic coordination problem. This paper explores whether knowing a co-worker’s gender affects coordination on the mutually beneficial outcome in a socially risky environment. In an experimental setting, subjects play a one-shot stag hunt game framed as a collaborative task in which they can “work together” or “work alone.” We exogenously vary whether workers know the gender of their counterparts pre-play. When gender is revealed, female players tend to gravitate to collaboration and efficient coordination regardless of the knowledge. Males, when knowingly paired with another male, tend to collaborate less, and thus, are less likely to coordinate on the Pareto optimal outcome. These results demonstrate one way that gender focality can lead to inefficient outcomes and provide insight for organizations looking to induce collaboration among workers.

Working With Resistance and Encouraging Buy-In to New Programs

2011 ◽  
Vol 16 (1) ◽  
pp. 18-21
Author(s):  
Sara Joffe
Keyword(s):  
Long Term Care ◽  
Term Care ◽  
Optimal Outcomes ◽  
Speech Language Pathologist

In order to best meet the needs of older residents in long-term care settings, clinicians often develop programs designed to streamline and improve care. However, many individuals are reluctant to embrace change. This article will discuss strategies that the speech-language pathologist (SLP) can use to assess and address the source of resistance to new programs and thereby facilitate optimal outcomes.

The Colorado Journey Towards Optimal Outcomes for Children With Hearing Loss

2010 ◽  
Vol 20 (1) ◽  
pp. 3-11 ◽  
Author(s):  
Christine Yoshinaga-Itano
Keyword(s):  
Hearing Loss ◽  
Language Development ◽  
Hard Of Hearing ◽  
Diverse Population ◽  
Language Outcomes ◽  
Maternal Bonding ◽  
Level Of Education ◽  
Optimal Outcomes ◽  
Outcomes For Children ◽  
Children With Hearing Loss

Abstract It is possible for children who are deaf or hard of hearing to attain language development comparable to their hearing peers, but these outcomes are not guaranteed. The population of children with hearing loss is a diverse population and although the variable of the age of identification is less variable, there are numerous variables that could potentially and have historically impacted language outcomes of children who are deaf or hard of hearing. Variables such as hearing loss, maternal level of education, and maternal bonding can overcome the benefits of earlier identification and intervention.

The Influence of Background Auditory Noise on P50 and N100 Suppression Elicited by the Paired-Click Paradigm

2020 ◽  
Vol 34 (3) ◽  
pp. 171-178
Author(s):  
Samantha Major ◽  
Kimberly Carpenter ◽  
Logan Beyer ◽  
Hannah Kwak ◽  
Geraldine Dawson ◽  
...  
Keyword(s):  
Sensory Gating ◽  
Autism Spectrum ◽  
Inhibitory Response ◽  
Future Research ◽  
Typically Developing ◽  
Optimal Outcomes ◽  
Hyperactivity Disorder ◽  
Auditory Sensory Gating ◽  
Auditory Noise ◽  
P50 Suppression

Abstract. Auditory sensory gating is commonly assessed using the Paired-Click Paradigm (PCP), an electroencephalography (EEG) task in which two identical sounds are presented sequentially and the brain’s inhibitory response to the second sound is measured. Many clinical populations demonstrate reduced P50 and/or N100 suppression. Testing sensory gating in children may help to identify individuals at risk for neurodevelopmental disorders earlier, including autism spectrum disorder (ASD) and attention-deficit/hyperactivity disorder (ADHD), which could lead to more optimal outcomes. Minimal research has been done with children because of the difficulty of performing lengthy EEG experiments with young children, requiring them to sit still for long periods of time. We designed a modified, potentially child-friendly version of the PCP and evaluated it in typically developing adults. The PCP was administered twice, once in a traditional silent room (silent movie condition) and once with an audible movie playing (audible movie condition) to minimize boredom and enhance behavioral compliance. We tested whether P50 and N100 suppression were influenced by the presence of the auditory background noise from the movie. N100 suppression was observed in both hemispheres in the silent movie condition and in the left hemisphere only during the audible movie condition, though suppression was attenuated in the audible movie condition. P50 suppression was not observed in either condition. N100 sensory gating was successfully elicited with an audible movie playing during the PCP, supporting the use of the modified task for future research in both children and adults.

Minimizing Missed Opportunities: Modeling Relationships between the State and Business in Russia

2009 ◽  
pp. 42-61
Author(s):  
A. Oleynik
Keyword(s):  
Decision Making ◽  
Empirical Evidence ◽  
Common Good ◽  
The State ◽  
Power Relationships ◽  
Individual Decision ◽  
Missed Opportunities ◽  
Power Domination ◽  
Individual Decision Making ◽  
Optimal Outcomes

Power involves a number of models of choice: maximizing, satisficing, coercion, and minimizing missed opportunities. The latter is explored in detail and linked to a particular type of power, domination by virtue of a constellation of interests. It is shown that domination by virtue of a constellation of interests calls for justification through references to a common good, i.e. a rent to be shared between Principal and Agent. Two sources of sub-optimal outcomes are compared: individual decision-making and interactions. Interactions organized in the form of power relationships lead to sub-optimal outcomes for at least one side, Agent. Some empirical evidence from Russia is provided for illustrative purposes.

Präzisions-Forstwirtschaft – was ist das? | Precision forestry – what's that?

2007 ◽  
Vol 158 (8) ◽  
pp. 235-242 ◽  
Author(s):  
Hans Rudolf Heinimann
Keyword(s):  
Business Processes ◽  
Spatial Scales ◽  
Supply Chain Coordination ◽  
Sensor Technology ◽  
Small Scale ◽  
Soil Physics ◽  
Coordination Problem ◽  
Precision Engineering ◽  
Precision Forestry ◽  
And Control

The term «precision forestry» was first introduced and discussed at a conference in 2001. The aims of this paper are to explore the scientific roots of the precision concept, define «precision forestry», and sketch the challenges that the implementation of this new concept may present to practitioners, educators, and researchers. The term «precision» does not mean accuracy on a small scale, but instead refers to the concurrent coordination and control of processes at spatial scales between 1 m and 100 km. Precision strives for an automatic control of processes. Precision land use differs from precision engineering by the requirements of gathering,storing and managing spatio-temporal variability of site and vegetation parameters. Practitioners will be facing the challenge of designing holistic, standardized business processes that are valid for whole networks of firms,and that follow available standards (e.g., SCOR, WoodX). There is a need to educate and train forestry professionals in the areas of business process re-engineering, computer supported management of business transactions,methods of remote sensing, sensor technology and control theory. Researchers will face the challenge of integrating plant physiology, soil physics and production sciences and solving the supply chain coordination problem (SCCP).

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