Hidden Symmetries and Focal Points
AbstractThis paper provides a general formal framework to define and analyze the concepts of focal points and frames for normal form games. The information provided by a frame is captured by a symmetry structure which is consistent with the payoff structure of the game. The set of alternative symmetry structures has itself a clear structure (a lattice). Focal points are strategy profiles which respect the symmetry structure and are chosen according to some meta-norm, which is not particular to the framed game at hand. We also clarify the difference between different concepts of symmetry used in the literature.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Thurgauer Wirtschaftsinstitut, Universität Konstanz in its series TWI Research Paper Series with number 35.
Date of creation: 2008
Date of revision:
symmetry; focal points; Nash equilibria;
Other versions of this item:
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search, Learning, and Information
This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-09-13 (All new papers)
- NEP-EXP-2008-09-13 (Experimental Economics)
- NEP-GTH-2008-09-13 (Game Theory)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- John C. Harsanyi & Reinhard Selten, 1988. "A General Theory of Equilibrium Selection in Games," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262582384, January.
- Andreas Blume & Uri Gneezy, 2009.
"Cognitive Forward Induction and Coordination without Common Knowledge: An Experimental Study,"
346, University of Pittsburgh, Department of Economics, revised May 2009.
- Blume, Andreas & Gneezy, Uri, 2010. "Cognitive forward induction and coordination without common knowledge: An experimental study," Games and Economic Behavior, Elsevier, vol. 68(2), pages 488-511, March.
- Casajus, Andre, 2000. "Focal Points in Framed Strategic Forms," Games and Economic Behavior, Elsevier, vol. 32(2), pages 263-291, August.
- Aumann, Robert & Brandenburger, Adam, 1995. "Epistemic Conditions for Nash Equilibrium," Econometrica, Econometric Society, vol. 63(5), pages 1161-80, September.
- S. Illeris & G. Akehurst, 2002. "Introduction," The Service Industries Journal, Taylor & Francis Journals, vol. 22(1), pages 1-3, January.
- Sugden, Robert, 1995. "A Theory of Focal Points," Economic Journal, Royal Economic Society, vol. 105(430), pages 533-50, May.
- Blume, Andreas, 2000.
"Coordination and Learning with a Partial Language,"
Journal of Economic Theory,
Elsevier, vol. 95(1), pages 1-36, November.
- Andreas Blume, 1998. "Coordination and Learning with a Partial Language," CIG Working Papers FS IV 98-11, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
- Blume, Andreas, 1998. "Coordination and Learning with a Partial Language," Working Papers 98-11, University of Iowa, Department of Economics.
- 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.
- Maarten Janssen, 2001. "Rationalizing Focal Points," Theory and Decision, Springer, vol. 50(2), pages 119-148, March.
- Binmore, Ken & Samuelson, Larry, 2006. "The evolution of focal points," Games and Economic Behavior, Elsevier, vol. 55(1), pages 21-42, April.
- 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.
- Syngjoo Choi & Douglas Gale & Shachar Kariv & Thomas Palfrey, 2008.
"Network Architecture, Salience and Coordination,"
Levine's Working Paper Archive
122247000000001997, David K. Levine.
- Fahrenberger, Theresa & Gersbach, Hans, 2010.
"Minority voting and long-term decisions,"
Games and Economic Behavior,
Elsevier, vol. 69(2), pages 329-345, July.
- Theresa Fahrenberger & Hans Gersbach, 2008. "Minority Voting and Long-term Decisions," CESifo Working Paper Series 2198, CESifo Group Munich.
- Theresa Fahrenberger & Hans Gersbach, 2007. "Minority Voting and Long-term Decisions," CER-ETH Economics working paper series 07/70, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
- Dietmar Fehr & Frank Heinemann & Aniol Llorente-Saguer, 2011.
"The Power of Sunspots: An Experimental Analysis,"
Working Paper Series of the Max Planck Institute for Research on Collective Goods
2011_33, Max Planck Institute for Research on Collective Goods.
- Dietmar Fehr & Frank Heinemann & Aniol Llorente-Saguer, 2011. "The Power of Sunspots: An Experimental Analysis," SFB 649 Discussion Papers SFB649DP2011-070, Sonderforschungsbereich 649, Humboldt University, Berlin, Germany.
- Heinemann, Frank & Llorente-Saguer, Aniol & Fehr, Dietmar, 2011. "The Power of Sunspots: An Experimental Analysis," Annual Conference 2011 (Frankfurt, Main): The Order of the World Economy - Lessons from the Crisis 48724, Verein für Socialpolitik / German Economic Association.
- Dietmar Fehr & Frank Heinemann & Aniol Llorente-Saguer, 2013. "The power of sunspots: an experimental analysis," Working Papers 13-2, Federal Reserve Bank of Boston.
- Christoph Kuzmics & Thomas Palfrey & Brian Rogers, 2012.
"Symmetric play in repeated allocation games,"
1551, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ulrich Wacker).
If references are entirely missing, you can add them using this form.