Endogenous rationality and distributions of competence Conlisk, John

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Conlisk, John
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Journal of Economic Behavior & Organization
Economics; Business; Game theory -- Usage
To link to full-text access for this article, visit this link: http://dx.doi.org/10.1016/j.jebo.2004.03.002 Byline: John Conlisk Abstract: When decision-making is costly, distributions of competence, endogenous rationality, may arise across buyers and sellers in a market. An adaptive game is used to make the point. Author Affiliation: Department of Economics, D-008, University of California San Diego, La Jolla, CA 92093-0508, USA
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