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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Bibliografische gegevens
Hoofdauteurs: Kets, W, Kager, W, Sandroni, A
Formaat: Working paper
Gepubliceerd in: University of Oxford 2021