The dynamics of social innovation.
Social norms and institutions are mechanisms that facilitate coordination between individuals. A social innovation is a novel mechanism that increases the welfare of the individuals who adopt it compared with the status quo. We model the dynamics of social innovation as a coordination game played on...
Main Author: | Young, H |
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Format: | Journal article |
Language: | English |
Published: |
National Academy of Sciences of the United States of America
2011
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