The meeting place problem : salience and search / Simon Grant and John Quiggin Grant, Simon

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Author
Grant, Simon
Appears In
Journal of Economic Behavior & Organization
Subjects
Game theory.; Meetings -- Economic aspects; salience
Audience
Academic
Summary
The notion of salience was developed by Schelling in the context of the meeting place problem of locating a partner in the absence of a pre-agreed meeting place. In this paper, we argue that a realistic specification of the meeting place problem involves allowing a strategy of active search over a range of possible meeting places. We solve this extended problem, allowing for extensions such as repeated play, search costs and asymmetric payoffs. The result is a considerably richer, but more complex, notion of salience.
Bookmark
http://trove.nla.gov.au/work/231967
Work ID
231967

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