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- Coordination_game abstract "In game theory, coordination games are a class of games with multiple pure strategy Nash equilibria in which players choose the same or corresponding strategies. Coordination games are a formalization of the idea of a coordination problem, which is widespread in the social sciences, including economics, meaning situations in which all parties can realize mutual gains, but only by making mutually consistent decisions. A common application is the choice of technological standards.For a classic example of a coordination game, consider the 2-player, 2-strategy game, with the payoff matrix shown on the right (Fig. 1).If this game is a coordination game, then the following inequalities in payoffs hold for player 1 (rows): A > B, D > C, and for player 2 (columns): a > c, d > b. In this game the strategy profiles {Left, Up} and {Right, Down} are pure Nash equilibria, marked in gray. This setup can be extended for more than two strategies (strategies are usually sorted so that the Nash equilibria are in the diagonal from top left to bottom right), as well as for a game with more than two players.".
- Coordination_game thumbnail Reaction-correspondence-stag-hunt.jpg?width=300.
- Coordination_game wikiPageExternalLink sici?sici=0031-8108(198801)97%3A1%3C99%3ATEON%3E2.0.CO%3B2-0.
- Coordination_game wikiPageID "946584".
- Coordination_game wikiPageRevisionID "589648368".
- Coordination_game 1d "Hare".
- Coordination_game 1d "Home".
- Coordination_game 1d "Right".
- Coordination_game 1u "Left".
- Coordination_game 1u "Party".
- Coordination_game 1u "Stag".
- Coordination_game 2l "Party".
- Coordination_game 2l "Stag".
- Coordination_game 2r "Hare".
- Coordination_game 2r "Home".
- Coordination_game dl "0".
- Coordination_game dl "70".
- Coordination_game dl "B, b".
- Coordination_game dr "1010".
- Coordination_game dr "510".
- Coordination_game dr "55".
- Coordination_game dr "77".
- Coordination_game dr "D, d".
- Coordination_game drc "#dddddd".
- Coordination_game hasPhotoCollection Coordination_game.
- Coordination_game name "Fig. 1: 2-player coordination game".
- Coordination_game name "Fig. 2: Choosing sides".
- Coordination_game name "Fig. 3: Pure coordination game".
- Coordination_game name "Fig. 4: Battle of the sexes".
- Coordination_game name "Fig. 5: Stag hunt".
- Coordination_game ul "1010".
- Coordination_game ul "105".
- Coordination_game ul "A, a".
- Coordination_game ulc "#dddddd".
- Coordination_game ur "0".
- Coordination_game ur "7".
- Coordination_game ur "C, c".
- Coordination_game subject Category:Game_theory.
- Coordination_game comment "In game theory, coordination games are a class of games with multiple pure strategy Nash equilibria in which players choose the same or corresponding strategies. Coordination games are a formalization of the idea of a coordination problem, which is widespread in the social sciences, including economics, meaning situations in which all parties can realize mutual gains, but only by making mutually consistent decisions.".
- Coordination_game label "Auslastungsspiel".
- Coordination_game label "Coordination game".
- Coordination_game sameAs Koordinační_hra.
- Coordination_game sameAs Auslastungsspiel.
- Coordination_game sameAs m.03sbsx.
- Coordination_game sameAs Q656316.
- Coordination_game sameAs Q656316.
- Coordination_game wasDerivedFrom Coordination_game?oldid=589648368.
- Coordination_game depiction Reaction-correspondence-stag-hunt.jpg.
- Coordination_game isPrimaryTopicOf Coordination_game.