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Coordination in a changing environment

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Coordination in a changing environment. / Matros, Alexander; Moser, Scott.

In: Journal of Economic Behavior and Organization, Vol. 112, 04.2015, p. 64-84.

Research output: Contribution to Journal/MagazineJournal articlepeer-review

Harvard

Matros, A & Moser, S 2015, 'Coordination in a changing environment', Journal of Economic Behavior and Organization, vol. 112, pp. 64-84. https://doi.org/10.1016/j.jebo.2014.12.026

APA

Matros, A., & Moser, S. (2015). Coordination in a changing environment. Journal of Economic Behavior and Organization, 112, 64-84. https://doi.org/10.1016/j.jebo.2014.12.026

Vancouver

Matros A, Moser S. Coordination in a changing environment. Journal of Economic Behavior and Organization. 2015 Apr;112:64-84. https://doi.org/10.1016/j.jebo.2014.12.026

Author

Matros, Alexander ; Moser, Scott. / Coordination in a changing environment. In: Journal of Economic Behavior and Organization. 2015 ; Vol. 112. pp. 64-84.

Bibtex

@article{d7d439f3317a4dd28dac7a900996ef02,
title = "Coordination in a changing environment",
abstract = "In this article we consider a model where boundedly rational agents choose both which coordination game to play and what action to take in that game, when their information and mobility are limited and changes over time. We completely characterize both short-run and long-run outcomes. There are multiple types of short-run predictions in which agents may be at different locations, taking different actions. In the long-run, however, all agents are at the same location and take the same action in that game. The long-run prediction is unique and globally efficient most of the time.",
keywords = "Stochastic stability, Networks, Coordination, Mobile agents",
author = "Alexander Matros and Scott Moser",
year = "2015",
month = apr,
doi = "10.1016/j.jebo.2014.12.026",
language = "English",
volume = "112",
pages = "64--84",
journal = "Journal of Economic Behavior and Organization",
issn = "0167-2681",
publisher = "Elsevier",

}

RIS

TY - JOUR

T1 - Coordination in a changing environment

AU - Matros, Alexander

AU - Moser, Scott

PY - 2015/4

Y1 - 2015/4

N2 - In this article we consider a model where boundedly rational agents choose both which coordination game to play and what action to take in that game, when their information and mobility are limited and changes over time. We completely characterize both short-run and long-run outcomes. There are multiple types of short-run predictions in which agents may be at different locations, taking different actions. In the long-run, however, all agents are at the same location and take the same action in that game. The long-run prediction is unique and globally efficient most of the time.

AB - In this article we consider a model where boundedly rational agents choose both which coordination game to play and what action to take in that game, when their information and mobility are limited and changes over time. We completely characterize both short-run and long-run outcomes. There are multiple types of short-run predictions in which agents may be at different locations, taking different actions. In the long-run, however, all agents are at the same location and take the same action in that game. The long-run prediction is unique and globally efficient most of the time.

KW - Stochastic stability

KW - Networks

KW - Coordination

KW - Mobile agents

U2 - 10.1016/j.jebo.2014.12.026

DO - 10.1016/j.jebo.2014.12.026

M3 - Journal article

VL - 112

SP - 64

EP - 84

JO - Journal of Economic Behavior and Organization

JF - Journal of Economic Behavior and Organization

SN - 0167-2681

ER -