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• W1488219024 abstract "We explore the potential for correlated equilibrium to capture conformity to norms and the coordination of behavior within social groups. Given a partition of players into social groups we propose properties that one may expect of a correlated equilibrium: within-group anonymity, group independence, predictable group behavior and stereotyped beliefs. We then demonstrate that (a) a correlated equilibrium satisfying these properties exists in games with many players (b) a player who stereotypes other players cannot do better with correct beliefs and (c) correlation allows predictability of group behavior, which ensures that a correlated equilibrium is approximately ex-post stable." @default.
• W1488219024 created "2016-06-24" @default.
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• W1488219024 date "2008-08-01" @default.
• W1488219024 modified "2023-09-27" @default.
• W1488219024 title "Behavioral Properties of Correlated Equilibrium; Social Group Structures with Conformity and Stereotyping" @default.
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• W1488219024 hasPublicationYear "2008" @default.
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