Learning, Local Interaction, and Coordination
研究大规模群体协调博弈中学习行为的动态影响,发现匹配结构决定历史因素与演化力量何者主导最终协调结果。
This paper discusses the dynamic implications of learning in a large population coordination game, focusing on the structure of the matching process which describes how players meet.As in Kandori, Mailath, and Rob (1993) a combination of experimentation and myopia creates "evolutionary" forces which lead players to coordinate on the risk dominant equilibrium.To describe play with finite time horizons it is necessary to consider the rates at which the dynamic systems converge.In large populations with uniform matching, play is determined largely by historical factors.In contrast, when players interact with small sets of neighbors it is more reasonable to assume that evolutionary forces may determine the outcome.