Paper #477

Títol:

On the structural difference between the evolutionary approach of Young and that of Kandori, Mailath and Rob

Autors:

Hans Jorgen Jacobsen, Mogens Jensen i Brigitte Sloth

Data:

Juny 1999

Resum:

We provide robust examples of symmetric two-player coordination games in normal form that reveal that equilibrium selection by the evolutionary model of Young (1993) is essentially different from equilibrium selection by the evolutionary model of Kandori, Mailath and Rob (1993).

Paraules clau:

Evolutionary learning, coordination games, equilibrium selection

Codis JEL:

C78

Àrea de Recerca:

Microeconomia

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