Equilibrium Selection in Bargaining Models.
This paper examines evolutionary equilibrium selection in bargaining models. We show that random best-response and continuous best-response learning dynamics give rise to (different) simple sufficient conditions for identifying outcomes as stochastically stable. This allows us to characterize the im...
| Main Authors: | , , |
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| Format: | Journal article |
| Language: | English |
| Published: |
2003
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