The Evolution of Conventions.

The author shows how a group of individuals can learn to play a coordination game without any common knowledge and with only a small amount of rationality. The game is repeated many times by different players. Each player chooses an optimal reply based on incomplete information about what other play...

Celý popis

Podrobná bibliografie
Hlavní autor: Young, H
Médium: Journal article
Jazyk:English
Vydáno: Econometric Society 1993