Title of article :
The stability of conventions: random and lattice matching networks compared
Author/Authors :
Edward Cartwright، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2004
Abstract :
We consider the stability of the risk-dominant equilibrium in a two-strategy coordination game when players behave myopically. The case of a lattice matching network is compared to that of a random network. We demonstrate that the risk-dominant equilibrium is unstable given a lattice network and stable given a random network
Keywords :
Best reply , Random network , Contagion
Journal title :
Economics Letters
Journal title :
Economics Letters