A Beautiful Blonde: a Nash coordination game
In 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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- Jacob K. Goeree & Charles A. Holt, 2001.
"Ten Little Treasures of Game Theory and Ten Intuitive Contradictions,"
American Economic Review,
American Economic Association, vol. 91(5), pages 1402-1422, December.
- Jacob K. Goeree & Charles A. Holt, 2000. "Ten Little Treasures of Game Theory and Ten Intuitive Contradictions," Virginia Economics Online Papers 333, University of Virginia, Department of Economics.
- Jacob K Goeree & Charles A Holt, 2004. "Ten Little Treasures of Game Theory and Ten Intuitive Contradictions," Levine's Working Paper Archive 618897000000000900, David K. Levine.