Fast Equilibrium Selection by Rational Players Living in a Changing World

K Burdzy, David Frankel and Ady Pauzner

Working Papers from Tel Aviv

Abstract: We study a coordination game with randomly changing payoffs and small frictions in changing actions.

Keywords: ECONOMETRICS (search for similar items in EconPapers)
JEL-codes: C73 (search for similar items in EconPapers)
Pages: 38 pages
Date: 1997
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Journal Article: Fast Equilibrium Selection by Rational Players Living in a Changing World (2001)
Working Paper: Fast Equilibrium Selection by Rational Players Living in a Changing World (2001)
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Persistent link: https://EconPapers.repec.org/RePEc:fth:teavfo:7-97

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