Showing 1 - 4 of 4
Persistent link: https://www.econbiz.de/10009621730
This study considers waiting times for populations to achieve efficient social coordination. Belloc and Bowles [1] conjecture that coalitional behavior will hasten such coordination. This turns out to be true when every member of the population interacts with every other member, but does not...
Persistent link: https://www.econbiz.de/10011263589
This paper takes the idea of coalitional behavior – groups of people occasionally acting together to their mutual benefit – and incorporates it into the framework of evolutionary game theory that underpins the social learning literature. An equilibrium selection criterion is defined which we...
Persistent link: https://www.econbiz.de/10010577245
Persistent link: https://www.econbiz.de/10011525233