search query: @author Sugden, R. / total: 26
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Author: | Sugden, R. |
Title: | A theory of focul points |
Journal: | Economic Journal
1995 : MAY, VOL. 105:430, p. 533-550 |
Index terms: | STRATEGY GAMES RATIONALITY |
Language: | eng |
Abstract: | The paper presents a theoretical framework which distinguishes between the strategic structure of a game (the existential game) and the way the players describe the game to themselves. Each player works with a private description of the game, in which strategies are identified by labels; labels are generated by a stochastic labelling procedure. Each player chooses a decision rule which, for each possible private description, picks one of the available strategy labels. |
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