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the evolution of conventions. We give an application to the fall of hegemonies in the evolutionary theory of institutions …
Persistent link: https://www.econbiz.de/10011099857
the evolution of conventions. We give an application to the fall of hegemonies in the evolutionary theory of institutions …
Persistent link: https://www.econbiz.de/10011599564
We consider an evolutionary model of social coordination in a 2 × 2 game where two groups of players prefer to coordinate on different actions. Players can pay a cost to learn their opponent's group: if they pay it, they can condition their actions concerning the groups. We assess the stability...
Persistent link: https://www.econbiz.de/10013200115
We formulate an evolutionary learning process in the spirit of Young (1993a) for games of incomplete information. The process involves trembles. For many games, if the amount of trembling is small, play will be in accordance with the games' (semi- strict) Bayesian equilibria most of the time....
Persistent link: https://www.econbiz.de/10005772120
We consider an evolutionary model of social coordination in a 2 × 2 game where two groups of players prefer to coordinate on different actions. Players can pay a cost to learn their opponent’s group: if they pay it, they can condition their actions concerning the groups. We assess the...
Persistent link: https://www.econbiz.de/10012547862
the evolution of conventions. We give an application to the fall of hegemonies in the evolutionary theory of institutions …
Persistent link: https://www.econbiz.de/10011673072
preference evolution? We show that it is in a couple's common interest to obey a rule requiring them to give specified amounts of …
Persistent link: https://www.econbiz.de/10012059103
preference evolution? We show that it is in a couple's common interest to obey a rule requiring them to give specified amounts of …
Persistent link: https://www.econbiz.de/10012314863
preference evolution? We show that it is in a couple's common interest to obey a rule requiring them to give specified amounts of …
Persistent link: https://www.econbiz.de/10012019313
Persistent link: https://www.econbiz.de/10012659683