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Strategic risk and coordination failure in blame games

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  • Ellingsen, Tore
  • Östling, Robert

Abstract

Within a class of games that we call Blame Games, we discuss how strategic risk may discourage play of a unique and efficient (strictly) dominance solvable equilibrium.

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Bibliographic Info

Article provided by Elsevier in its journal Economics Letters.

Volume (Year): 110 (2011)
Issue (Month): 2 (February)
Pages: 90-92

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Handle: RePEc:eee:ecolet:v:110:y:2011:i:2:p:90-92

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Web page: http://www.elsevier.com/locate/ecolet

Related research

Keywords: Coordination games Weak-link games Coordination failure Strategic risk;

References

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  13. Asheim,G.B. & Dufwenberg,M., 2000. "Admissibility and common belief," Memorandum 07/2000, Oslo University, Department of Economics.
  14. Anderson, Simon P. & Goeree, Jacob K. & Holt, Charles A., 2001. "Minimum-Effort Coordination Games: Stochastic Potential and Logit Equilibrium," Games and Economic Behavior, Elsevier, vol. 34(2), pages 177-199, February.
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