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 sources and how...
| Hauptverfasser: | , |
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| Format: | Working paper |
| Sprache: | English |
| Veröffentlicht: |
Department of Economics (University of Oxford)
2009
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