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If ψ p¯n,GN q ě ψ p¯n,kN q for all k ă G ´ 1, then V ˚ pPq ě V ˚ p xPq

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econ.GN 1

years

2024 1

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UNVERDICTED 1

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Similarity of Information and Collective Action

econ.GN · 2024-07-20 · unverdicted · novelty 5.0

In a canonical collective action game with incomplete information, greater similarity of information about fundamentals facilitates coordination when the goal is hard to achieve but impedes it when the goal is easy.

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  • Similarity of Information and Collective Action econ.GN · 2024-07-20 · unverdicted · none · ref 8

    In a canonical collective action game with incomplete information, greater similarity of information about fundamentals facilitates coordination when the goal is hard to achieve but impedes it when the goal is easy.