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Respond to the question: Asking about a Meeting at New York?

08/31/2002 03:46 PM by Sungbin Cho; Re:Asking about a Meeting at New York?
What you are saying is abour "so-called" focal point that usually refers to characteristics of the situation not captured by the model itself. For more details, refer to Schelling (1960), "The strategy of conflict." [View full text and thread]

08/27/2002 08:33 PM by anonymous; Asking about a Meeting at New York.
Okay. Here's my question: if a couple were to meet at New York, but in their excitement, forget where their meeting place is, what would the equilibium/equilibria be if the payoff matrix below gives the players' preferences?

Boy
Empire State Grand Central
Girl
Empire State 100/100 0/0
Grand Central 0/0 100/100

Likewise, how can one explain why such point/s are equilibrium/a? Lastly, how does one compare this equilibrium/equilibria to that of the basic Prisoner's Dilemma? [Manage messages]