When are efficient conventions selected in networks?

We study the determinants of convergence to efficient conventions in coordination games played on networks, when agents focus past performance (imitative play). Previous theoretical results provide an incomplete picture and suggest potentially-complex interactions between features dynamics behavior. conducted extensive simulation (with approximately 1.12 million simulations) varying network size, interaction information radius, probability actual interaction, mistakes, tie-breaking rules, process governing revision opportunities. Our main result is that “more interactions,” be it form larger neighborhoods or a higher probability, lead less conventions. A second observation, confirming previous but partial results, large size relative (a “large world”) facilitates Third, neighborhood helps efficiency because increases visibility payoffs across network. Last, technical details dynamic specification as inertia, while often relevant for specific appear little empirical relevance space dynamics.