Salience in strategic choices

Schelling proposes salience as a solution to the problem of multiplicity of equilibria and focal point as equilibrium concept. Salience in strategic situations refers to those choices with psychological appeal. Given the experimental evidence, theories ignoring salience might suffer from a bias of o...

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Bibliographic Details
Main Author: Arjona, David Rojo
Published: University of East Anglia 2011
Subjects:
Online Access:http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.554300