Research

Job Market Paper

Testing the Efficacy of Stepping Stone Equilibria in Coordination Games

Games with multiple equilibria introduce the potential for populations to get stuck in inefficient outcomes. In theory, the introduction of additional equilibria, "stepping stones", could pave the way for a smoother and less risky transition. I run a lab experiment to test if the introduction of these “stepping stones”, can facilitate transitions from an inefficient but safe equilibrium to a risky, payoff dominant equilibrium. I employ different payoffs for the transition strategy and examine the effects that different degrees of information about the game have on group's play. I find evidence that adding these "stepping stones" does help populations transition to the efficient equilibria. I also find that when groups have more information about each other's payoffs they are able to transition to the efficient equilibria faster and are less prone to cyclical behavior.

Stepping Stones Games

Publications

Conflicts, Assortative Matching, and the Evolution of Signaling Norms

with Jiabin Wu

Holdahl, Ethan & Wu, Jiabin. (2023). Conflicts, assortative matching, and the evolution of signaling norms. Journal of Economic Interaction and Coordination. 1-23. DOI:10.1007/s11403-023-00384-x.

Humanity's Fundamental Environmental Limits

with Seth Binder, Ly Trinh, and John H. Smith

Binder, S., Holdahl, E., Trinh, L., & Smith, J. H. (2020). Humanity’s Fundamental Environmental Limits. Human Ecology, 48(2), 235-244. DOI:10.1007/s10745-020-00140-w.

Working Papers

Convergence to a Convention in a 2x2 Coordination Game with Adaptive Learning

with Anne van den Nouweland

Works in Progress

Selection Pressure in Strategic Environments

with John Duffy, Stephan Jagau, and Francisco Klapp

The Role of AI in Trust: An Experimental Study

with Tanner Bivins, Connor Wiegand, and Jiabin Wu

Mistake Driven Cycles

with Jiabin Wu

Institutional Screening and the Demise of Cooperation

with Jiabin Wu