Coordination need not be a problem
نویسندگان
چکیده
منابع مشابه
Coordination need not be a problem
In a game of common interest there is one action vector that all players prefer to every other. Yet there may be multiple Pareto-ranked Nash equilibria in the game and the ”coordination problem” refers to the fact that rational equilibrium play canot rule out Pareto-dominated equilibria. In this paper, I prove that two elements asynchronicity and a finite horizon are sufficient to uniquely sele...
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ژورنال
عنوان ژورنال: Games and Economic Behavior
سال: 2012
ISSN: 0899-8256
DOI: 10.1016/j.geb.2012.07.002