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Coordination Problem and Coordination among Groups: Effect of Group Size on Business Culture
2014
Journal of Advanced Management Science
In coordination games, we have multiplicity of equilibria. This multiplicity makes it possible to explain the coexistence of contradictory cultures in a society. Based on this, I construct a coordination game that can explain Japanese cultures, punctuality and unpunctuality. However, the games, if the group size is large, the multiplicity of equilibria disappears. Consequently, we find out that each agent in the group is always unpunctual. So, when considering groups with large size, we have a
doi:10.12720/joams.2.3.232-235
fatcat:txsnxeb65fh4faqyxay6xpim4m