Anders Poulsen, Axel Sonntag
Working paper available on request
Publication year: 2019

We experimentally examine the effects of varying time pressure in a coordination game with a label salient focal equilibrium. We consider both a pure coordination game (payoff symmetry) and a battle of the sexes game with conflict of interest (payoff asymmetry). In symmetric games there are no effects of time pressure, since the label-salient outcome is highly focal regardless of how much time subjects have to decide. In asymmetric games less time results in greater focality of the the label-salient action, and it becomes significantly more likely that any coordination is on the focal outcome.