possibility for learning to act as coordination device. We build on the framework proposed by Angeletos and Pavan (2007) and … adaptive and eductive learning obtain, and show that adaptive learning conditions are less demanding than the eductive ones: in … in the economy. We also show that adaptive learning dynamics converge to the game theoretical strategic equilibrium …

) experiments on tacit coordination. Section 1 introduces the concept of focal point equilibrium selection in tacit one …-shot symmetric pure coordination games, as presented by Schelling in his classic article; it then traces its subsequent exploration … design of the intercultural tacit coordination experiment, and section 3 the results. Finally, section 4 presents a very …

This paper examines game theoretic models of coordination conventions. Firstly, the paper shows that static models of … coordination cannot explain the emergence of coordination conventions. The best interpretation of these models is that they study … the conditions under which coordination is possible. The examination of these conditions suggests that history and …

We describe a candid model for learning, why and how learning transpires. We investigate the original as well as the … leading conditions of the learning process. We provide an insight into the realm of beliefs and their formation, their … the influence that learning in general has on human behavior. …

to be employing a simple heuristic alternative to more complex learning models. Simulations of these various belief …

contracts with the incumbent. When discrimination is impossible, the game resembles a stag-hunt (coordination) game in which the …