Positive feedback in coordination games: Stochastic evolutionary dynamics and the logit choice rule

Hwang, Sung‐Ha; Rey-Bellet, Luc

doi:10.1016/j.geb.2021.01.003

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Coordination Games1

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2022

2024

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Cited by 4 publications

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“…The equilibrium selection problem in coordination games lies at the heart of evolutionary game theory starting from Foster and Young (1990), Young (1993) and Kandori et al (1993). See more recent contributions by Maruta (2002), Blume (2003), Peski (2010), Sandholm (2010), Neary (2012), Staudigl (2012), Staudigl and Weidenholzer (2014), Kreindler andYoung (2013) Sandholm andStaudigl (2016), Hwang and Newton (2017), Sawa and Wu (2018a,b), Nax and Newton (2019), Bilancini and Boncinelli (2020), Hwang and Rey-Bellet (2021), Newton (2021), andRozzi (2021), among many others. We investigate if our Bayesian dynamic has any equilibrium selection property.…”

Section: Coordination Gamesmentioning

confidence: 99%