Title of article :
Noisy equilibrium selection in coordination games
Author/Authors :
Hans Carlsson، نويسنده , , Mattias Ganslandt، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 1998
Pages :
12
From page :
23
To page :
34
Abstract :
By perturbing symmetric coordination games à la Bryant [Bryant, J., 1983. Quarterly Journal of Economics 98, 525–528] we derive unique solutions, the noise-proof equilibria. Our results agree with the experimental findings in Van Huyck et al. [Van Huyck, J.B., R.C. Battalio and R.O. Beil, 1990. American Economic Review 80, 234–248] and have an interesting connection with the notion of potential. We also briefly discuss median games
Keywords :
Equilihrium selection: Courdinatioll: Stratqpc uncertalllty: Noise proofncss , P()tenllal
Journal title :
Economics Letters
Serial Year :
1998
Journal title :
Economics Letters
Record number :
434583
Link To Document :
بازگشت