What constitutes a convention? : implications for the coexistence of conventions
MetadataVis full innførsel
- Discussion papers (SAM) 
A model of repeated play of a coordination game, where stage games have a location in social space, and players receive noisy signals of the true location of their games, is reviewed. Sugden (1995) suggests that in such a model, there can be a stationary state of convention coexistence only if interaction is non-uniform across social space. This paper shows that an alternative definition of conventions, which links conventions to actions rather than expectations, permits convention coexistence when interaction is uniform.
UtgiverNorwegian School of Economics and Business Administration. Department of Economics