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How do individual agents enact the institutions that govern collective behavior in a social situation? How do individuals come to share self-enforcing expectations about collective behavior, so that societal rules and constraints have an effect on individual choice? Conventional accounts, such...
Persistent link: https://www.econbiz.de/10009367614
This note reconsiders some of the issues raised by Kadane and Larkey, and Harsanyi, and briefly discusses some relevant empirical results.
Persistent link: https://www.econbiz.de/10009191801