ON THE ORIGIN OF CONVENTION: EVIDENCE FROM COORDINATION GAMES*
Abstract
We report the results of a coordination game experiment. The experiment carefully distinguishes between conventions based on labels and conventions based on populations. Our labels treatments investigate the abstraction assumptions that underlie the concept of a strategy, while our population treatments investigate the attraction of alternative mutually consistent ways to play under adaptive behaviour. We observe conventions emerging in...
Paper Details
Title
ON THE ORIGIN OF CONVENTION: EVIDENCE FROM COORDINATION GAMES*
Published Date
May 1, 1997
Journal
Volume
107
Issue
442
Pages
576 - 596
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Notes
History