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We consider a co-evolutionary model of social coordination and network formation where agents may decide on an action … in a 2x2 - coordination game and on whom to establish costly links to. We find that a payoff dominant convention is …
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data from coordination games. The analysis shows that the model fits the data well as it matches the key stylized facts. It … suggests a trade-off of using coarser versus finer representations of the strategy set when it comes to learning. …
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data from coordination games. The analysis shows that the model fits the data well as it matches the key stylized facts. It … suggests a trade-off of using coarser versus finer representations of the strategy set when it comes to learning. …
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