The value of a coordination game

The value of a game is the payoff a player can expect (ex ante) from playing the game. Understanding how the value changes with economic primitives is critical for policy design and welfare. However, for games with multiple equilibria, the value is difficult to determine. We therefore develop a new...

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Autors principals: Kets, W, Kager, W, Sandroni, A
Format: Working paper
Publicat: University of Oxford 2021

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