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Persistent link: https://www.econbiz.de/10009763813
We study the process of equilibrium selection in games when players have social preferences of the type discussed, among others, by Rabin (1993) and Segal and Sobel (2007). To this end, we employ a standard noisy version of the best response dynamics. We obtain several results concerning some...
Persistent link: https://www.econbiz.de/10010665887