Strategy Similarity and Coordination

Farshid Vahid () and R. Sarin

No 8/2001, Monash Econometrics and Business Statistics Working Papers from Monash University, Department of Econometrics and Business Statistics

Abstract: This paper introduces similarity among strategies in the payoff assessment model of choice (Sarin and Vahid (1999, GEB)). The assessments of strategies that are more similar to the chosen strategy are updated more similarly to the chosen strategy. We use this model to explain a recent experiment.

Keywords: Econometric analysis of experimental data; Adaptive learning; Similarity; Coordination games; Payoff assessments without probabilities (search for similar items in EconPapers)
JEL-codes: C70 D81 D80 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-exp and nep-gth
Date: Written 2001-07
View citations in EconPapers

Downloads: (external link)
http://www.buseco.monash.edu.au/depts/ebs/pubs/wpapers/2001/wp8-01.pdf (application/pdf)

Related works:
Journal Article: Strategy Similarity and Coordination (2004)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Ordering information: This working paper can be ordered from
http://www.buseco.mo ... ts/ebs/pubs/wpapers/

Access Statistics for this paper

More papers in Monash Econometrics and Business Statistics Working Papers from Monash University, Department of Econometrics and Business Statistics
Address: PO Box 11E, Monash University, Victoria 3800, Australia
Contact information at EDIRC.
Series data maintained by Simone Grose ().