Artikel

With potential games, which outcome is better?

Lower one- or two-dimensional coordination, or potential games, are popularly used to model interactive behavior, such as innovation diffusion and cultural evolution. Typically, this involves determining the "better" of competing solutions. However, examples have demonstrated that different measures of a "good" choice can lead to conflicting conclusions; a fact that reflects the history of game theory in equilibrium selection. This behavior is totally explained while extending the analysis to the full seven-dimensional class of potential games, which includes coordination games.

Language
Englisch

Bibliographic citation
Journal: Games ; ISSN: 2073-4336 ; Volume: 11 ; Year: 2020 ; Issue: 3 ; Pages: 1-20 ; Basel: MDPI

Classification
Wirtschaft
Subject
externalities
decomposition
innovation diffusion
payoff dominance
potential games
risk dominance
social welfare

Event
Geistige Schöpfung
(who)
Guisasola, Santiago
Saari, Donald
Event
Veröffentlichung
(who)
MDPI
(where)
Basel
(when)
2020

DOI
doi:10.3390/g11030033
Handle
Last update
10.03.2025, 11:41 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Artikel

Associated

  • Guisasola, Santiago
  • Saari, Donald
  • MDPI

Time of origin

  • 2020

Other Objects (12)