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...

Olles dieđut

Bibliográfalaš dieđut
Váldodahkki: Young, H
Materiálatiipa: Journal article
Giella:English
Almmustuhtton: Econometric Society 1993