The meeting place problem: Salience and search.


Autoria(s): Grant, S; Quiggin, J
Data(s)

01/01/1998

Resumo

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. (C) 1998 Elsevier Science B.V.

Identificador

http://espace.library.uq.edu.au/view/UQ:34698

Idioma(s)

eng

Palavras-Chave #Economics #Salience #Search #Cheap Talk #Coordination
Tipo

Journal Article