Staudigl, Mathias; Weidenholzer, Simon - In: Journal of Economic Theory 152 (2014) C, pp. 41-63
We consider a co-evolutionary model of social coordination and network formation where agents may decide on an action in a 2×2-coordination game and on whom to establish costly links to. We find that if agents may only support a limited number of links payoff dominant conventions will emerge in...