Publikation: Hidden Symmetries and Focal Points
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2008
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Kuzmics, Christoph
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Zusammenfassung
This paper provides a general formal framework to define and analyze the concepts of focal points and frames for normal form games. The information provided by a frame is captured by a symmetry structure which is consistent with the payoff structure of the game. The set of alternative symmetry structures has itself a clear structure (a lattice). Focal points are strategy profiles which respect the symmetry structure and are chosen according to some meta-norm, which is not particular to the framed game at hand. We also clarify the difference between different concepts of symmetry used in the literature.
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Fachgebiet (DDC)
330 Wirtschaft
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symmetry, focal points, Nash equilibria
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ALÓS-FERRER, Carlos, Christoph KUZMICS, 2008. Hidden Symmetries and Focal PointsBibTex
@techreport{AlosFerrer2008Hidde-12134, year={2008}, series={Research paper series / Thurgauer Wirtschaftsinstitut}, title={Hidden Symmetries and Focal Points}, number={35}, author={Alós-Ferrer, Carlos and Kuzmics, Christoph} }
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