Advertisement

Abstract

The notion of spontaneous order can, I shall argue, best be understood by using the theory of games. In this chapter I shall explain how I intend to use this theory, illustrating my argument with a very simple game which provides a useful model of how social conventions might evolve.

Keywords

Nash Equilibrium Stable Equilibrium Expected Utility Pure Strategy Good Reply 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Copyright information

© Robert Sugden 2005

Authors and Affiliations

  • Robert Sugden
    • 1
  1. 1.University of East AngliaUK

Personalised recommendations