Waiting Times and Equilibrium Selection.

This paper shows how graphs can be used to calculate waiting times in models of equilibrium selection. It also shows how reducing the state space can simplify the calculations of both waiting times and selected equilibria. The results are applied to potential games and games with strategic complemen...

Full description

Bibliographic Details
Main Author: Beggs, A
Format: Journal article
Language:English
Published: Springer-Verlag 2005
_version_ 1797091630949335040
author Beggs, A
author_facet Beggs, A
author_sort Beggs, A
collection OXFORD
description This paper shows how graphs can be used to calculate waiting times in models of equilibrium selection. It also shows how reducing the state space can simplify the calculations of both waiting times and selected equilibria. The results are applied to potential games and games with strategic complementarities.
first_indexed 2024-03-07T03:35:49Z
format Journal article
id oxford-uuid:bc3cb2af-eae3-4294-93ad-1c5419bbd4fd
institution University of Oxford
language English
last_indexed 2024-03-07T03:35:49Z
publishDate 2005
publisher Springer-Verlag
record_format dspace
spelling oxford-uuid:bc3cb2af-eae3-4294-93ad-1c5419bbd4fd2022-03-27T05:23:00ZWaiting Times and Equilibrium Selection.Journal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:bc3cb2af-eae3-4294-93ad-1c5419bbd4fdEnglishOxford University Research Archive - ValetSpringer-Verlag2005Beggs, AThis paper shows how graphs can be used to calculate waiting times in models of equilibrium selection. It also shows how reducing the state space can simplify the calculations of both waiting times and selected equilibria. The results are applied to potential games and games with strategic complementarities.
spellingShingle Beggs, A
Waiting Times and Equilibrium Selection.
title Waiting Times and Equilibrium Selection.
title_full Waiting Times and Equilibrium Selection.
title_fullStr Waiting Times and Equilibrium Selection.
title_full_unstemmed Waiting Times and Equilibrium Selection.
title_short Waiting Times and Equilibrium Selection.
title_sort waiting times and equilibrium selection
work_keys_str_mv AT beggsa waitingtimesandequilibriumselection