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Introspective equilibrium with stereotypes in diverse groups: A theoretical approach to stereotypes influence in coordination games

Bartuseck, Lukas LU (2021) NEKP01 20211
Department of Economics
Abstract
In this paper, I show how stereotypes can confound the effects cultural diversity has on economic outcomes. This is done by expanding Kets and Sandroni’s (2021) theory of introspective equilibrium and cultural diversity by allowing inaccurate simplified beliefs about cultural groups. These simplified views (stereotypes) affect how strategic uncertainty is affected by diversity, the key mechanism of Kets and Sandroni’s model. This extension allows
for more realism when modeling diverse groups while keeping the original model’s results.
Please use this url to cite or link to this publication:
author
Bartuseck, Lukas LU
supervisor
organization
course
NEKP01 20211
year
type
H2 - Master's Degree (Two Years)
subject
keywords
introspective equilibrium, stereotypes, diversity, coordination game, theoretical
language
English
id
9067044
date added to LUP
2023-06-19 10:15:21
date last changed
2023-06-19 10:15:21
@misc{9067044,
  abstract     = {{In this paper, I show how stereotypes can confound the effects cultural diversity has on economic outcomes. This is done by expanding Kets and Sandroni’s (2021) theory of introspective equilibrium and cultural diversity by allowing inaccurate simplified beliefs about cultural groups. These simplified views (stereotypes) affect how strategic uncertainty is affected by diversity, the key mechanism of Kets and Sandroni’s model. This extension allows
for more realism when modeling diverse groups while keeping the original model’s results.}},
  author       = {{Bartuseck, Lukas}},
  language     = {{eng}},
  note         = {{Student Paper}},
  title        = {{Introspective equilibrium with stereotypes in diverse groups: A theoretical approach to stereotypes influence in coordination games}},
  year         = {{2021}},
}