Endogenous information acquisition in coordination games
In the context of a "beauty contest" coordination game (in which pay-offs depend on the proximity of actions to an unobserved state variable and to the average action) players choose how much costly attention to pay to various informative signals; they endogenously select information sourc...
| Những tác giả chính: | , |
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| Định dạng: | Working paper |
| Được phát hành: |
University of Oxford
2009
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