The DOI matches its Crossref record; 2 of the 2 references it cites were found in a registry or an index.
The Economics of Convention
Abstract
The purpose of conventions is to coordinate people's expectations in economic and social interactions that have multiple equilibria. Conventions often emerge endogenously from the accumulation of many precedents, a process that can be modeled as a stochastic dynamical system. The theory leads to specific predictions about the ways in which conventions form and are displaced, and identifies key properties of conventions that are most likely to withstand the test of time. The theory is illustrated by the evolution of left-wing driving conventions in Europe and patterns of sharecropping contracts in agriculture.
Overview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cites
Young, H. P. (1993) · Econometrica · doi:10.2307/2951778 · Cited by 2,399
Self-citationSocial Norms and Economic Theory
Elster, J. (1989) · Journal of Economic Perspectives · doi:10.1257/jep.3.4.99 · Cited by 2,071
Cited by
Insurgent Collective Action and Civil War in El Salvador
Wood, E. J. (2003) · doi:10.1017/cbo9780511808685 · Cited by 1,644
Dissecting the Social: On the Principles of Analytical Sociology
Hedstrom, P. (2005) · doi:10.1017/cbo9780511488801 · Cited by 816
(2005) · Cited by 772
Young, H. P. (2015) · Annual Review of Economics · doi:10.1146/annurev-economics-080614-115322 · Cited by 497
Self-citationComparing theories of institutional change
KINGSTON, C., & CABALLERO, G. (2009) · Journal of Institutional Economics · doi:10.1017/s1744137409001283 · Cited by 254
The emergence of consensus: a primer
Baronchelli, A. (2018) · Royal Society Open Science · doi:10.1098/rsos.172189 · Cited by 161
Open Problems in Cooperative AI
Dafoe, A., Hughes, E., Bachrach, Y., Collins, T., McKee, K. R., Leibo, J. Z., Larson, K., & Graepel, T. (2020) · arXiv · doi:10.48550/arxiv.2012.08630 · Cited by 93
Conjectural Equilibrium in Multiagent Learning
Wellman, M. P., & Hu, J. (1998) · Machine Learning · doi:10.1023/a:1007514623589 · Cited by 75
Normative Disagreement as a Challenge for Cooperative AI
Stastny, J., Riché, M., Lyzhov, A., Treutlein, J., Dafoe, A., & Clifton, J. (2021) · arXiv · doi:10.48550/arxiv.2111.13872 · Cited by 3
Metadata
- Authors
- Young, H. P.
- Venue
- Journal of Economic Perspectives
- Publisher
- American Economic Association
- Published
- 1996-05-01
- Volume
- 10
- Issue
- 2
- Pages
- 105-122
- ISSN
- 0895-3309 (ISSN-L)
- OpenAlex
- W2111282827
- Cited by
- 535
- References
- 2
- FWCI
- 35.23
- Type
- journal article
- Language
- en
- Open access
- closed
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
