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Costs of flexibility and equilibrium selection

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  • Galesloot, Bob M.
  • Goyal, Sanjeev

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Bibliographic Info

Article provided by Elsevier in its journal Journal of Mathematical Economics.

Volume (Year): 28 (1997)
Issue (Month): 3 (October)
Pages: 249-264

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Handle: RePEc:eee:mateco:v:28:y:1997:i:3:p:249-264

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

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  1. Young, H Peyton, 1993. "The Evolution of Conventions," Econometrica, Econometric Society, Econometric Society, vol. 61(1), pages 57-84, January.
  2. Kandori, M. & Mailath, G.J., 1991. "Learning, Mutation, And Long Run Equilibria In Games," Papers, Princeton, Woodrow Wilson School - John M. Olin Program 71, Princeton, Woodrow Wilson School - John M. Olin Program.
  3. Goyal, Sanjeev & Janssen, Maarten C. W., 1997. "Non-Exclusive Conventions and Social Coordination," Journal of Economic Theory, Elsevier, Elsevier, vol. 77(1), pages 34-57, November.
  4. Glen Ellison, 2010. "Learning, Local Interaction, and Coordination," Levine's Working Paper Archive 391, David K. Levine.
  5. P. Young, 1999. "The Evolution of Conventions," Levine's Working Paper Archive 485, David K. Levine.
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Cited by:
  1. Fernando Vega Redondo & Sanjeev Goyal, 2001. "Learning, Network Formation And Coordination," Working Papers. Serie AD, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie) 2001-19, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
  2. Oyama, Daisuke & Takahashi, Satoru, 2011. "On the relationship between robustness to incomplete information and noise-independent selection in global games," Journal of Mathematical Economics, Elsevier, Elsevier, vol. 47(6), pages 683-688.
  3. Kenichi Amaya, 2006. "Two-Speed Evolution with Pre-Play Communication and Limited Flexibility," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 9(2), pages 310-325, April.
  4. Nicolai J. Foss, 1999. "Understanding Leadership A Coordination Theory," DRUID Working Papers, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies 99-3, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
  5. Honda, Jun, 2011. "Noise-independent selection in global games and monotone potential maximizer: A symmetric 3×3 example," Journal of Mathematical Economics, Elsevier, Elsevier, vol. 47(6), pages 663-669.
  6. Tanaka, Yasuhito, 2001. "Evolution to equilibrium in an asymmetric oligopoly with differentiated goods," International Journal of Industrial Organization, Elsevier, Elsevier, vol. 19(9), pages 1423-1440, November.
  7. Sandholm, William H. & Tercieux, Olivier & Oyama, Daisuke, 0. "Sampling best response dynamics and deterministic equilibrium selection," Theoretical Economics, Econometric Society, Econometric Society.
  8. Tanaka, Yasuhito, 2000. "Stochastically stable states in an oligopoly with differentiated goods: equivalence of price and quantity strategies," Journal of Mathematical Economics, Elsevier, Elsevier, vol. 34(2), pages 235-253, October.

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