cs.GTApr 7, 2026

Strategic Delay and Coordination Efficiency in Global Games

Authors: Shinkyu Park, Behrouz Touri, Marcos M. Vasconcelos

Organizations: Electrical and Computer Engineering, King Abdullah University of Science and Technology, Thuwal, 23955, Saudi Arabia · Department of Industrial and Systems Engineering, University of Illinois Urbana Champaign, Champaign, IL 61820 · Department of Electrical and Computer Engineering, FAMU-FSU College of Engineering, Florida State University, Tallahassee, FL 32306, USA

Abstract

We investigate a coordination model for a two-stage collective decision-making problem within the framework of global games. The agents observe noisy signals of a shared random variable, referred to as the fundamental, which determines the underlying payoff. Based on these signals, the agents decide whether to participate in a collective action now or to delay. An agent who delays acquires additional information by observing the identities of agents who have chosen to participate in the first stage. This informational advantage, however, comes at the cost of a discounted payoff if coordination ultimately succeeds. Within this decision-making framework, we analyze how the option to delay can enhance collective outcomes. We show that this intertemporal trade-off between information acquisition and payoff reduction can improve coordination and increase the efficiency of collective decision-making.

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