Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
956772 | Journal of Economic Theory | 2013 | 33 Pages |
Abstract
We provide 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 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.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Carlos Alós-Ferrer, Christoph Kuzmics,