본문 바로가기
KERD
논문KCI 등재

ON THE CONVERGENCE OF LOGIT EQUILIBRIUM IN ORDER STATISTIC GAMES

이강오
한국경제학회 (The Korean Economic Association)|2006.06|The Korean Economic Review|제22권 제1호|pp. 69-82

1

조회

0

다운로드

0

인용

0

참고문헌

주제분류경제학

초록

Abstract

This paper identifies the conditions under which rational players can reach an inefficient equilibrium as if they make choices ignoring their own influences on the game outcome in a logit equilibrium model of order statistic game. It is shown that, if the number of players increases sufficiently faster than the noise parameter, the game outcome depends entirely on the prespecified order-statistic and the number of players, and inefficient outcome could result.

참고문헌 (15)

  1. "Minimum-effort coordination games: Stochastic Potential and logit equilibrium", 34, pp.177~199 (2001)
  2. "Some bounds for expected values of order statistics Annals of Mathematical Statistics", pp.498~501 (1965)
  3. "Quarterly Journal of Economics", pp.525~528 (1983)
  4. "Sophisticated experience-weighted attraction learning and strategic teaching in repeated games", (104), pp.137~188 (2002)
  5. "Coordinating Coordination Failure in Keynesian Models Quarterly Journal of Economics", pp.441~463 (1988)
  6. "Statistical Treatment of Censored Data", pp.228~240 (1954)
  7. "Extensions of Samuelson's inequality", pp.143~144 (1979)
  8. "and long run equilibria in games", eco(metrica), pp.29~56 (1993)
  9. "Quantal Response Equilibria for Normal-Form Games", 10, pp.6~38 (1995)
  10. "Evolution and long run equilibria in coordination games with summary statistic payoff technologies Journal of Economic Theory"
  11. "and Coordination Failure in Average Opinion Games Quarterly Journal of Economics", pp.885~910 (1991), Equilibrium Selection Principles
  12. "Evidence on Learning in Coordination Games" (2001), Texas A&M University
  13. "A quantal response equilibrium model of order-statistic game", (51), pp.413~425 (2003)
  14. "Coordination with a Continuum of Players", (33) (2004)
  15. "Coordination Games by Price Takers" (2005)

관련 논문AI추천

LOGIT SOLUTION AND EQUILIBRIUM SELECTION IN TWO-PERSON GAMES이강오한국경제학회 · The Korean Economic Review2009 · 제25권 제2호On Generalized Weight Nash Equilibria for Generalized김원규, Xie-Ping Ding$대한수학회 · 대한수학회지2003 · 제40권 제5호A Study on Bayesian Learning and Conjectures in Duopoly Markets심경섭, 이성현한국전문경영인학회 · 전문경영인연구2000 · 제3권 제1호Comparative Statics under Uncertainty with the Monotone Likelihood Ratio Order김수종, 류수열한국경제학회 · The Korean Economic Review2004 · 제20권 제2호Global Stability Analysis of a Special Learning Process in Dynamic OligopoliesFerenc Szidarovszky경제연구소 · Journal of Economic Research (JER)2004 · 제9권 제2호Extensive Robustness of Large Games with a Continuum of Players김성현경제연구소 · Journal of Economic Research (JER)2010 · 제15권 제1호

이 간행물의 다른 논문 (8건)

NETWORK BENEFIT FUNCTION AND INDIRECT NETWORK EXTERNALITIES박상인pp. 5-19BAND SPECTRUM LEAST SQUARES IN FRACTIONAL COINTEGRATION MODELS WITH UNKNOWN FRACTIONAL INTEGRATION ORDERS김창식pp. 21-54COMPETITIVE EQUILIBRIUM WITH SHORT-SELLING AND NONTRANSITIVE PREFERENCES원동철, 한광석pp. 55-67FI-BREAK MODEL OF US INFLATION RATE: LONG-MEMORY, LEVEL SHIFTS, OR BOTH?Philop Hans Franses, 형남원pp. 83-97POLITICAL OPTIMAL TAX POLICY MAKING IN A PROBABILISTIC VOTING FRAMEWORK이성규pp. 99-130
원문 보기