Emergence of social conventions: an approach based on decentralized interactions of individuals and strategies characterized by probabilistic sets
G. Oliveira Aggio, R. Ballini, F. Gomide. University of Campinas
- Fuzzy Economic Review: Volume XIV, Number 2. November 2009
- DOI: 10.25102/fer.2009.02.03
There is an agreement that the existence of social conventions is relevant for the individual economic behavior, but it still is necessary to explain both, the origin of conventions and the process of formation of conventions. In this paper we adopt the path-depended interaction, decentralized evolutionary process approach to address…
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