This paper identifies a class of symmetric coordination games in which the presence of envious people helps players to coordinate on a particular strict Nash equilibrium. In these games, the selected equilibrium is always risk-dominant. We also find that envious preferences are evolutionary...

This paper identifies a class of symmetric coordination games in which the presence of envious people helps players to coordinate on a particular strict Nash equilibrium. In these games, the selected equilibrium is always risk-dominant. We also find that envious preferences are evolutionary...

This paper shows how strategic matching generates reputation-building behavior in an evolutionary chain-store game. Strategic matching means the possibility for an entrant to choose in a strategic way the local market into which it will move. Players are boundedly rational and follow behavioral...

This paper shows how strategic matching generates reputation-building behavior in an evolutionary chain-store game. Strategic matching means the possibility for an entrant to choose in a strategic way the local market into which it will move. Players are boundedly rational and follow behavioral...