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The strategic environment effect in beauty contest games

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Inclusive cognitive hierarchy

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Inclusive cognitive hierarchy

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Evolutionary stability of social norms in a socioeconomic equilibrium model

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Evolutionary stability of social norms in a socio-economic equilibrium model

Grüner, Hans Peter - 1994

A hybrid of a model of economic equilibrium in two markets and a social game is formed. The link between the two is established through a social norm which conditions correct social behavior on economic variables and therefore distorts the economic equilibrium allocation. The initial endowment...

Persistent link: https://www.econbiz.de/10009499968