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Tacit Coordination Games, Strategic Uncertainty, and Coordination Failure

Tacit Coordination Games, Strategic Uncertainty, and Coordination Failure. John B. Van Huyck, Raymond C. Battalio, Richard O. Beil The American Economic Review , Vol. 80, No. 1 (March 1990), 234-48. Motivation. Deductive equilibrium methods fail to determine unique equilibrium points

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Payoff dominant - PowerPoint PPT Presentation

Tacit Coordination Games, Strategic Uncertainty, and Coordination Failure