Invitation Games: An Experimental Approach to Coalition Formation

This paper studies how to form an efficient coalition—a group of people. More specifically, we compare two mechanisms for forming a coalition by running a laboratory experiment and reveal which mechanism leads to higher social surplus. In one setting, we invite the subjects to join a meeting simulta...

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Bibliographic Details
Main Authors: Takaaki Abe, Yukihiko Funaki, Taro Shinoda
Format: Article
Language:English
Published: MDPI AG 2021-08-01
Series:Games
Subjects:
Online Access:https://www.mdpi.com/2073-4336/12/3/64