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...

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Sonraí bibleagrafaíochta
Príomhchruthaitheoirí: Myatt, D, Wallace, C
Formáid: Working paper
Teanga:English
Foilsithe / Cruthaithe: Department of Economics (University of Oxford) 2009