What constitutes a convention? Implications for the coexistence of conventions

نویسنده

  • Ivar Kolstad
چکیده

A model of repeated play of a coordination game, where stage games have a location in social space, and players receive noisy signals of the true location of their games, is reviewed. Sugden (1995) suggests that in such a model, there can be a stationary state of convention coexistence only if interaction is non-uniform across social space. This paper shows that an alternative definition of conventions, which links conventions to actions rather than expectations, permits convention coexistence when interaction is uniform.

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تاریخ انتشار 2002