Migration and the Evolution of Conventions
This paper analyzes an evolutionary model where agents who are locally matched to play a general coordination game can adjust both their strategy and location. These decisions are subject to friction, so that an agent who migrates to a different location may be unable to adjust her strategy optimally to the new environment.
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- Oechssler, Jorg, 1997.
"Decentralization and the coordination problem,"
Journal of Economic Behavior & Organization,
Elsevier, vol. 32(1), pages 119-135, January.
- Farrell, Joseph, 1988. "Communication, coordination and Nash equilibrium," Economics Letters, Elsevier, vol. 27(3), pages 209-214.
- Young, H Peyton, 1993. "The Evolution of Conventions," Econometrica, Econometric Society, vol. 61(1), pages 57-84, January.
- Binmore, Ken & Samuelson, Larry, 1997. "Muddling Through: Noisy Equilibrium Selection," Journal of Economic Theory, Elsevier, vol. 74(2), pages 235-265, June.
- Ellison, Glenn, 1993.
"Learning, Local Interaction, and Coordination,"
Econometric Society, vol. 61(5), pages 1047-71, September.
- Dieckmann, Tone, 1999. "The evolution of conventions with mobile players," Journal of Economic Behavior & Organization, Elsevier, vol. 38(1), pages 93-111, January.
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