5.2 Conventions and the Challenge of Coordination

Course video 28 of 38

This week will tackle another puzzle in social conventions: how can populations reach widely shared social conventions in the absence of any central organizing mechanism? We will begin by discussing classic explanations for the emergence of conventions, and why these explanations are insufficient to explain our social world. We will then discuss an agent-based model of conventions that builds on a model of local peer-to-peer coordination, and use NetLogo to show how local interactions can generate global convergence.

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