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We survey the recent literature on coordination games, where there is a conflictbetween risk dominance and payoff …
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In this paper, we provide a theoretical prediction of the way in which adaptive players behave in the long run in normal form games with strict Nash equilibria. In the model, each player assigns subjective payoff assessments to his own actions, where the assessment of each action is a weighted...
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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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In a coordination game such as the Battle of the Sexes, agents can condition their plays on external signals that can … are rare. Thus, even in a world of simple learning agents, coordination behavior can take on some surprising forms. …
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