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
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