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Strategy similarity and coordination

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dc.contributor.authorSarin, Rajiv
dc.contributor.authorVahid, Farshid
dc.date.accessioned2015-12-13T22:55:26Z
dc.date.issued2004
dc.date.updated2015-12-11T11:10:33Z
dc.description.abstractIn the payoff assessment model of choice (Sarin and Vahid, 1999), only the assessment of the chosen strategy is updated. We extend that model to allow the agent to also update the assessments of strategies that the agent thinks are similar to the chosen strategy. We use this model to explain observed behaviour in a recent experiment. Statistical tests cannot distinguish between the payoff distributions generated by the model and the observed payoff distributions in almost every period.
dc.identifier.issn0013-0133
dc.identifier.urihttp://hdl.handle.net/1885/82528
dc.publisherBlackwell Publishing Ltd
dc.sourceThe Economic Journal
dc.subjectKeywords: strategic approach
dc.titleStrategy similarity and coordination
dc.typeJournal article
local.bibliographicCitation.issueJuly
local.bibliographicCitation.lastpage527
local.bibliographicCitation.startpage506
local.contributor.affiliationSarin, Rajiv, Texas A&M University
local.contributor.affiliationVahid, Farshid, College of Business and Economics, ANU
local.contributor.authoruidVahid, Farshid, u4137903
local.description.embargo2037-12-31
local.description.notesImported from ARIES
local.description.refereedYes
local.identifier.absfor140199 - Economic Theory not elsewhere classified
local.identifier.ariespublicationMigratedxPub10787
local.identifier.citationvolume114
local.identifier.doi10.1111/j.0013-0133.2004.0229a.x
local.identifier.scopusID2-s2.0-3242885626
local.type.statusPublished Version

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