Coordination Games and Local Interactions: A Survey of the Game Theoretic Literature

Found at: https://hdl.handle.net/10535/7168
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Type:	Journal Article
Author:	Weidenholzer, Simon
Journal:	Games
Volume:	1
Page(s):	551-585
Date:	2010
URI:	https://hdl.handle.net/10535/7168
Sector:	Theory
Region:
Subject(s):	learning coordination game
Abstract:	"We survey the recent literature on coordination games, where there is a conflict between risk dominance and payoff dominance. Our main focus is on models of local interactions, where players only interact with small subsets of the overall population rather than with society as a whole. We use Ellison’s Radius-Coradius Theorem to present prominent results on local interactions. Amongst others, we discuss best reply learning in a global- and in a local- interaction framework and best reply learning in multiple location models and in a network formation context. Further, we discuss imitation learning in a local- and in a global-interactions setting."

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