| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5072025 | Games and Economic Behavior | 2012 | 28 Pages |
Abstract
⺠I model the development of conventions in a large heterogeneous population. ⺠There are two distinct groups and everybody interacts with everybody else. ⺠Increasing group preferences, size, and dynamism affect equilibrium selection. ⺠Welfare issues are more interesting and subtle than the homogeneous case.
Related Topics
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Economics and Econometrics
Authors
Philip R. Neary,