题 目:More neighbors, more efficiency
报告人:崔志伟,北京航空航天大学经济管理学院
时 间:2016年12月1日 9:30-11:00
地 点:知新楼B座1032
摘 要:This paper considers a finite population of agents located within an arbitrary fixed network. Every agent plays a coordination game with his neighbors. If one neighbor’s payoff from a specific interaction exceeds his average payoff per interaction, the neighbor is perceived as better performing. Overtime agents imitate the strategies of their better performing neighbors; occasionally they make mistakes. Sufficient conditions for emergence of Pareto efficient and risk dominant conventions are provided. The paper also illustrates the main results through relevant examples.