Evolution and Long Run Equilibria in Coordination Games with Summary Statistic Payoff Technologies

This note applies the evolutionary dynamic of Kandori, Mailath, and Rob (Econometrica61(1993), 29–65) to class coordination games that the entire population plays simultaneously. In these games, payoffs and best replies are determined by a symmary statistic of the population strategy profile as in Crawford (Econometrica63(1995), 103–144). A simple characterization of the set of Long Run Equilibria, analogous to the one given by Kandori, Mailath,...