Noisy equilibrium selection in coordination games

被引:10
|
作者
Carlsson, H
Ganslandt, M
机构
[1] Univ Lund, Dept Econ, S-2207 Lund, Sweden
[2] Res Inst Ind Econ, Lund, Sweden
关键词
equilibrium selection; coordination; strategic uncertainty; noise proofness; potential;
D O I
10.1016/S0165-1765(98)00076-7
中图分类号
F [经济];
学科分类号
02 ;
摘要
By perturbing symmetric coordination games a la Bryant [Bryant, J., 1983. Quarterly Journal of Economics 98, 525-528] we derive unique solutions, the noise-proof equilibria. Our results agree with the experimental findings in Van Huyck et al. [Van Huyck, J.B., R.C. Battalio and R.O. Bell, 1990. American Economic Review 80, 234-248] and have an interesting connection with the notion of potential. We also briefly discuss median games. (C) 1998 Elsevier Science S.A.
引用
收藏
页码:23 / 34
页数:12
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