УСПОСТАВЉАЊЕ КОНВЕНЦИЈА – ПРИМЕНА ТЕОРИЈЕ ИГАРА
ESTABLISHMENT OF CONVENTIONS − APPLICATION OF THEORY OF GAMES
Author(s): Božo StojanovićSubject(s): Business Economy / Management, Political Sciences, Evaluation research
Published by: Српско социолошко друштво
Keywords: repeated game; evolutive game; convention; bounded rationality; strategy; Nash equilibrium;
Summary/Abstract: The paper deals with application of theory of games in explanation of convention establishment. Conventions are outcome („equilibrium“) of repeated game. Convention consistes of the strategies which had established as the most successful passing the time and which had spontaneously emerged as the patterns of rational behavior – evolutionarily stable strategies.
Journal: Социолошки преглед
- Issue Year: 38/2004
- Issue No: 3
- Page Range: 373-395
- Page Count: 23
- Language: Serbian