Berninghaus, Siegfried; Güth, Werner; Kliemt, Hartmut - In: Homo Oeconomicus 22 (2005), pp. 147-168
Problems of social coordination can be formalized as non-cooperative games with several equilibria. We know that in such situations serious problems of equilibrium selection arise which cannot be solved by traditional game theoretical reasoning. Conventions seem to be a powerful tool to solve...