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  • Search: subject:"best-response approximation"
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best-response approximation 1 equilibrium selection 1 simultaneous play 1 supermodular games 1
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Free 1
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Book / Working Paper 1
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Undetermined 1
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Hehenkamp, Burkhard 1 Kaarbøe, Oddvar M. 1
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Institutt for Økonomi, Universitetet i Bergen 1
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Working Papers in Economics 1
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RePEc 1
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Equilibrium selection in supermodular games with mean payoff technologies
Hehenkamp, Burkhard; Kaarbøe, Oddvar M. - Institutt for Økonomi, Universitetet i Bergen - 2004
We examine an evolutionary model of equilibrium selection, where all individuals interact with each other, recurrently playing a strictly supermodular game. Individuals play (myopic) best responses to the current population profile, occa- sionally they pick an arbitrary strategy at random. To...
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