A Beautiful Blonde: a Nash coordination game
AbstractIn a memorable scene from the …lm ”A Beautiful Mind,” John Nash explains to his friends how to direct their attentions to women in a bar. Game theorists who have seen the …lm point out that the proposed solution is not a Nash equilibrium. Here we determine the Nash equilibria to the attention game. The symmetric mixed strategy equilibrium has resembles a common property resource problem. It has perverse comparative static properties that are not borne out by experimental data. Finally, we discuss alternative ways of formulating the game.
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Bibliographic InfoPaper provided by University of Virginia, Department of Economics in its series Virginia Economics Online Papers with number 359.
Length: 12 pages
Date of creation: Jul 2002
Date of revision:
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Web page: http://www.virginia.edu/economics/home.html
coordination; Nash equilibrium; mixed strategy equilibrium; common property resource problem; comparative statics.;
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Virginia Economics Online Papers
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