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and stereotyping. We also discuss the efficiency of stereotyping; an individual player does not loose significantly from … stereotyping others.. Our results apply when players within social groups are 'similar', and not necessarily identical. A number of …
Persistent link: https://www.econbiz.de/10005595906
We explore the potential for correlated equilibrium to capture conformity to norms and the coordination of behavior within social groups. Given a partition of players into social groups we propose properties that one may expect of a correlated equilibrium: within-group anonymity, group...
Persistent link: https://www.econbiz.de/10005595938