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Migration and the evolution of conventions

✍ Scribed by V. Bhaskar; Fernando Vega-Redondo


Book ID
116634826
Publisher
Elsevier Science
Year
2004
Tongue
English
Weight
165 KB
Volume
55
Category
Article
ISSN
0167-2681

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Co-evolution of conventions and networks
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We study the emergence of conventions in dynamic networks experimentally. Conventions are modeled in terms of coordination games in which actors can choose both their behavior and their interaction partners. We study how macro-level outcomes of the process in terms of Pareto-efficiency and heterogen