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The Evolution of Conventions
- H. Young
- Economics
- 1993
The author shows how a group of individuals can learn to play a coordination game without any common knowledge and with only a small amount of rationality. The game is repeated many times by…
Monotonic solutions of cooperative games
- H. Young
- Economics
- 1 June 1985
The principle of monotonicity for cooperative games states that if a game changes so that some player's contribution to all coalitions increases or stays the same then the player's allocation should…
Individual Strategy and Social Structure: An Evolutionary Theory of Institutions
- H. Young
- Economics
- 1998
TLDR
Equity - in theory and practice
- H. Young
- Political Science
- 10 January 1994
TLDR
An Evolutionary Model of Bargaining
- H. Young
- Economics
- 1 February 1993
Abstract Individuals from two populations of bargainers are randomly matched to play the Nash demand game. They make their demands by choosing best replies based on an incomplete knowledge of the…
CONDORCET'S THEORY OF VOTING
- H. Young
- Economics
- 1 December 1988
Condcrcet's criterion states that an alternative that defeats every other by a simple majority is the socially optimal choice. Condorcet argued that if the object of voting is to determine the…
Strategic Learning and Its Limits
- H. Young
- Education
- 2004
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