Equilibrium Selection inn-Person Coordination Games
Equilibrium Selection inn-Person Coordination Games
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平衡选择人协调游戏
DOI:
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发表时间:
1996
期刊:
影响因子:
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通讯作者:
Youngseo Kim
中科院分区:
文献类型:
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作者:
Youngseo Kim
Abstract This paper investigates several approaches to equilibrium selection and the relationships between them. The class of games we study are n -person generalized coordination games with multiple Pareto rankable strict Nash equilibria. The main result is that all selection criteria select the same outcome (namely the risk dominant equilibrium) in two-person games, and that most equivalences break for games with more than two players. All criteria select the Pareto efficient equilibrium in voting games, of which pure coordination games are special cases. Journal of Economic Literature Classification Numbers: C70, C72, D82.