Paper #477

Título:

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

Autores:

Hans Jorgen Jacobsen, Mogens Jensen y Brigitte Sloth

Fecha:

Junio 1999

Resumen:

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).

Palabras clave:

Evolutionary learning, coordination games, equilibrium selection

Códigos JEL:

C78

Área de investigación:

Microeconomía

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