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Focal Points

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Author Info
Maarten C.W. Janssen () (Erasmus University Rotterdam)
Abstract

This paper gives an overview of the literature on focal points. It starts with reviewing Schelling’s seminal book The Strategy of Conflict.I then discuss the problems that have to be faced when incorporating the notion of focal points in theory of games. Two recent approaches are discussed that deal with focal points. The eductive approach is static and concentrates on how players can use aymmetries in the descriptions of strategies. The evolutive approach is dynamic and focuses in the adaptive behaviour of players.

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Paper provided by Tinbergen Institute in its series Tinbergen Institute Discussion Papers with number 97-091/1.

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Date of creation: 24 Sep 1997
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Handle: RePEc:dgr:uvatin:19970091

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  1. Crawford, Vincent P & Haller, Hans, 1990. "Learning How to Cooperate: Optimal Play in Repeated Coordination Games," Econometrica, Econometric Society, vol. 58(3), pages 571-95, May. [Downloadable!] (restricted)
  2. Mehta, Judith & Starmer, Chris & Sugden, Robert, 1994. "The Nature of Salience: An Experimental Investigation of Pure Coordination Games," American Economic Review, American Economic Association, vol. 84(3), pages 658-73, June. [Downloadable!] (restricted)
  3. Colman, Andrew M, 1997. "Salience and Focusing in Pure Coordination Games," Journal of Economic Methodology, Taylor and Francis Journals, vol. 4(1), pages 61-81, June.
  4. Young, H Peyton, 1993. "The Evolution of Conventions," Econometrica, Econometric Society, vol. 61(1), pages 57-84, January. [Downloadable!] (restricted)
  5. Young, H Peyton, 1996. "The Economics of Convention," Journal of Economic Perspectives, American Economic Association, vol. 10(2), pages 105-22, Spring. [Downloadable!] (restricted)
  6. Sugden, Robert, 1991. "Rational Choice: A Survey of Contributions from Economics and Philosophy," Economic Journal, Royal Economic Society, vol. 101(407), pages 751-85, July. [Downloadable!] (restricted)
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