IDEAS home Printed from https://ideas.repec.org/a/eee/mateco/v111y2024ics0304406824000181.html
   My bibliography  Save this article

Transitions between equilibria in Bilingual Games under Probit Choice

Author

Listed:
  • Arigapudi, Srinivas

Abstract

We study the effect of introducing a bilingual strategy on the long run equilibrium outcome in a class of two-strategy coordination games with distinct payoff- and risk-dominant equilibria under the probit choice rule. Existing results show that in the class of two-strategy games under consideration, the inefficient risk dominant equilibrium is selected in the long run under noisy best response models. We show that if the cost of the bilingual option is sufficiently low then the efficient payoff dominant equilibrium will be selected in the long run under the probit choice rule.

Suggested Citation

  • Arigapudi, Srinivas, 2024. "Transitions between equilibria in Bilingual Games under Probit Choice," Journal of Mathematical Economics, Elsevier, vol. 111(C).
  • Handle: RePEc:eee:mateco:v:111:y:2024:i:c:s0304406824000181
    DOI: 10.1016/j.jmateco.2024.102956
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0304406824000181
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.jmateco.2024.102956?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:mateco:v:111:y:2024:i:c:s0304406824000181. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/jmateco .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.