Showing 1 - 10 of 17
Persistent link: https://www.econbiz.de/10010389461
Persistent link: https://www.econbiz.de/10010409996
We consider a co-evolutionary model of social coordination and network formation where agents may decide on an action in a 2x2 - coordination game and on whom to establish costly links to. We find that a payoff dominant convention is selected for a wider parameter range when agents may only...
Persistent link: https://www.econbiz.de/10010341151
This paper develops a theoretical model based on theories of equilibrium selection in order to predict success rates in threshold public goods games, i.e., the probability with which a group of players provides enough contribution in sum to exceed a predefined threshold value. For this purpose,...
Persistent link: https://www.econbiz.de/10011285443
We propose a learning dynamic with agents using samples of past play to estimate the distribution of other players' strategy choices and best responding to this estimate. To account for noisy play, estimated distributions over other players' strategy choices have full support in the other...
Persistent link: https://www.econbiz.de/10011396934
Persistent link: https://www.econbiz.de/10010528205
We consider a model of evolution in games in which a revising agent observes the actions of a random number of randomly sampled opponents and then chooses a best response to the distribution of actions in the sample. We provide a condition on the distribution of sample sizes under which an...
Persistent link: https://www.econbiz.de/10011673541
Persistent link: https://www.econbiz.de/10011378374
Persistent link: https://www.econbiz.de/10012313053
Persistent link: https://www.econbiz.de/10012131323