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Article

With Potential Games, Which Outcome Is Better?

by 1,* and 2,3,4
1
Instituto Nacional de Matemática Pura e Aplicada, Rio de Janeiro, RJ 22460-320, Brazil
2
Department of Mathematics, University of California, Irvine, CA 92617, USA
3
Department of Economics, University of California, Irvine, CA 92617, USA
4
Institute for Mathematical Behavioral Sciences, University of California, Irvine, CA 92617, USA
*
Author to whom correspondence should be addressed.
Games 2020, 11(3), 33; https://doi.org/10.3390/g11030033
Received: 27 June 2020 / Revised: 24 July 2020 / Accepted: 6 August 2020 / Published: 17 August 2020
(This article belongs to the Special Issue Behavioral Game Theory)
Lower one- or two-dimensional coordination, or potential games, are popularly used to model interactive behavior, such as innovation diffusion and cultural evolution. Typically, this involves determining the “better” of competing solutions. However, examples have demonstrated that different measures of a “good” choice can lead to conflicting conclusions; a fact that reflects the history of game theory in equilibrium selection. This behavior is totally explained while extending the analysis to the full seven-dimensional class of potential games, which includes coordination games. View Full-Text
Keywords: potential games; social welfare; risk dominance; payoff dominance; innovation diffusion; externalities; decomposition potential games; social welfare; risk dominance; payoff dominance; innovation diffusion; externalities; decomposition
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MDPI and ACS Style

Guisasola, S.; Saari, D. With Potential Games, Which Outcome Is Better? Games 2020, 11, 33. https://doi.org/10.3390/g11030033

AMA Style

Guisasola S, Saari D. With Potential Games, Which Outcome Is Better? Games. 2020; 11(3):33. https://doi.org/10.3390/g11030033

Chicago/Turabian Style

Guisasola, Santiago, and Donald Saari. 2020. "With Potential Games, Which Outcome Is Better?" Games 11, no. 3: 33. https://doi.org/10.3390/g11030033

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