Migration and the Evolution of Conventions

V Bhaskar and Fernando Vega-Redondo

UFAE and IAE Working Papers from Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC)

Abstract: This paper analyzes an evolutionary model where agents who are locally matched to play a general coordination game can adjust both their strategy and location. These decisions are subject to friction, so that an agent who migrates to a different location may be unable to adjust her strategy optimally to the new environment.

Keywords: ECONOMIC MODELS; GAMES (search for similar items in EconPapers)
JEL-codes: C71 (search for similar items in EconPapers)
Date: 1996
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Journal Article: Migration and the evolution of conventions (2004)
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Persistent link: http://EconPapers.repec.org/RePEc:aub:autbar:354.96

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