Advanced search
Start date
Betweenand
Related content
(Reference retrieved automatically from Web of Science through information on FAPESP grant and its corresponding number as mentioned in the publication by the authors.)

QWERTY is efficient

Full text
Author(s):
Guimaraes, Bernardo [1] ; Pereira, Ana Elisa [1]
Total Authors: 2
Affiliation:
[1] Sao Paulo Sch Econ FGV, Sao Paulo - Brazil
Total Affiliations: 1
Document type: Journal article
Source: JOURNAL OF ECONOMIC THEORY; v. 163, p. 819-825, MAY 2016.
Web of Science Citations: 2
Abstract

We study a dynamic coordination problem with staggered decisions where agents choose between two competing networks. If the intrinsically worst one prevails, this is efficient. Moreover, inefficient shifts to the intrinsically best network might occur in equilibrium. (C) 2016 Elsevier Inc. All rights reserved. (AU)

FAPESP's process: 14/06069-5 - Equilibrium selection in dynamic environments with heterogeneity
Grantee:Ana Elisa Gonçalves Pereira
Support Opportunities: Scholarships abroad - Research Internship - Doctorate
FAPESP's process: 13/24368-7 - iPhone or Android? Equilibrium selection in dynamic models with network externalities
Grantee:Ana Elisa Gonçalves Pereira
Support Opportunities: Scholarships in Brazil - Doctorate