EVOLUTION AND LONG-RUN EQUILIBRIA IN COORDINATION GAMES WITH SUMMARY STATISTIC PAYOFF TECHNOLOGIES

This note applies the evolutionary dynamic of Kandori, Mailath, and Ro b (Econometrica 61 (1993), 29-65) to class coordination games that the entire population plays simultaneously In these games, payoffs. and b est replies are determined by a symmary statistic of the population st rategy profile as in Crawford (Econometrica 63 (1995), 103-114). A sim ple characterization of the set of Long Run Equilibria, analogous to t he one given by Kandori, Mailath, and Rob for random pairing, is provi ded. Journal of Economic Literature Classification Number: C79. (C) 19 97 Academic Press.