In the study by Chaudhuri, Schotter and Sopher, a key component of successful coordination to the payoff dominant equilibrium is:
A) The availability of large financial incentives in the form of performance bonuses.
B) To allow groups to grow slowly by one member at a time.
C) The ability of participants to send private text messages to future generations of players.
D) The ability of participants to write advice for future generations of players and for this advice to be common knowledge among the recipients.

Question

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The study found that the ability of participants to write advice for future generations of players and for this advice to be common knowledge among the recipients was crucial for successful coordination to the payoff dominant equilibrium.

In the Study by Chaudhuri, Schotter and Sopher, a Key