Ambiguity and perceived coordination in a global game

被引：1

作者：

Laskar, Daniel ^{[1
]}

机构：

[1] CNRS, Paris Sch Econ, UMR 8545, Paris, France

来源：

ECONOMICS LETTERS | 2014年 / 122卷 / 02期

关键词：

Global game; Ambiguity; Coordination; Equilibrium selection; Financial crises; FULFILLING CURRENCY ATTACKS; EXPECTED UTILITY; EQUILIBRIUM; PROBABILITY; RISK;

D O I：

10.1016/j.econlet.2013.12.018

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

In a global game, larger ambiguity is shown to decrease the amount of coordination each player perceives. Consequently, small uncertainty tends to select the Pareto dominated equilibrium of the game without uncertainty. Implications for models of financial crises are drawn. (C) 2013 Elsevier B.V. All rights reserved.

引用

页码：317 / 320

页数：4

共 50 条

[1] An experimental study on the effect of ambiguity in a coordination game
David Kelsey
Sara le Roux
Theory and Decision, 2015, 79 : 667 - 688
[2] An experimental study on the effect of ambiguity in a coordination game
Kelsey, David
le Roux, Sara
THEORY AND DECISION, 2015, 79 (04) : 667 - 688
[3] Signaling in a global game: Coordination and policy traps
Angeletos, GM
Hellwig, C
Pavan, A
JOURNAL OF POLITICAL ECONOMY, 2006, 114 (03) : 452 - 484
[4] Ambiguity and perceived control
Huber, O
SWISS JOURNAL OF PSYCHOLOGY, 1995, 54 (03): : 200 - 210
[5] Processing Coordination Ambiguity
Engelhardt, Paul E.
Ferreira, Fernanda
LANGUAGE AND SPEECH, 2010, 53 : 494 - 509
[6] Signalling Effects of a Large Player in a Global Game of Creditor Coordination
Schuele, Tobias
Stadler, Manfred
ECONOMICS BULLETIN, 2005, 4
[7] Symmetry axioms and perceived ambiguity
Klibanoff, Peter
Mukerji, Sujoy
Seo, Kyoungwon
MATHEMATICS AND FINANCIAL ECONOMICS, 2018, 12 (01) : 33 - 54
[8] Symmetry axioms and perceived ambiguity
Peter Klibanoff
Sujoy Mukerji
Kyoungwon Seo
Mathematics and Financial Economics, 2018, 12 : 33 - 54
[9] Terminological Ambiguity Game and Simulation
Klabbers, Jan H. G.
SIMULATION & GAMING, 2009, 40 (04) : 446 - 463
[10] PERCEIVED AMBIGUITY AND RELEVANT MEASURES
Klibanoff, Peter
Mukerji, Sujoy
Seo, Kyoungwon
ECONOMETRICA, 2014, 82 (05) : 1945 - 1978

← 1 2 3 4 5 →