Towards a Justification the Principle of Coordination

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Towards a Justification the Principle of Coordination

Author Info

Maarten C.W. Janssen () (Erasmus University Rotterdam)

Abstract

Different variations of a Principle of Coordination are used in a number of different research traditions. Roughly speaking, one version of the Principle says that if there is a unique Pareto-efficient outcome in a game, then players will choose their part of that outcome. In this paper I will investigate the foundations of the Principle and see to what extent the Principle follows from some axioms regarding rational individual decision-making.

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Paper provided by Tinbergen Institute in its series Tinbergen Institute Discussion Papers with number 00-017/1.

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Date of creation: 17 Mar 2000
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Handle: RePEc:dgr:uvatin:20000017

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This paper has been announced in the following NEP Reports:

NEP-ALL-2000-06-29 (All new papers)
NEP-CDM-2000-06-29 (Collective Decision-Making)
NEP-IND-2000-06-29 (Industrial Organization)

References listed on IDEAS
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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)
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)
Bernheim, B Douglas, 1984. "Rationalizable Strategic Behavior," Econometrica, Econometric Society, vol. 52(4), pages 1007-28, July. [Downloadable!] (restricted)
Pearce, David G, 1984. "Rationalizable Strategic Behavior and the Problem of Perfection," Econometrica, Econometric Society, vol. 52(4), pages 1029-50, July. [Downloadable!] (restricted)
Bacharach, Michael & Bernasconi, Michele, 1997. "The Variable Frame Theory of Focal Points: An Experimental Study," Games and Economic Behavior, Elsevier, vol. 19(1), pages 1-45, April. [Downloadable!] (restricted)
Aumann, Robert & Brandenburger, Adam, 1995. "Epistemic Conditions for Nash Equilibrium," Econometrica, Econometric Society, vol. 63(5), pages 1161-80, September. [Downloadable!] (restricted)
Young, H Peyton, 1993. "The Evolution of Conventions," Econometrica, Econometric Society, vol. 61(1), pages 57-84, January. [Downloadable!] (restricted)
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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