Taking a shower in Youth Hostels: risks and delights of heterogeneity
- Matzke, Christina Bonn Graduate School of Economics, Department of Economics, University of Bonn, Germany
- Challet, Damien Institute for Scientifc Interchange (ISI), Torino, Italy - Physics department, University of Fribourg, Switzerland
-
2008
English
Tuning one's shower in some hotels may turn into a challenging coordination game with imperfect information. The temperature sensitivity increases with the number of agents, making the problem possibly unlearnable. Because there is in practice a finite number of possible tap positions, identical agents are unlikely to reach even approximately their favorite water temperature. Heterogeneity allows some agents to reach much better temperatures, at the cost of higher risk.
- Faculty
- Faculté des sciences et de médecine
- Department
- Département de Physique
- Language
-
- English
- Classification
- Physics
- Other electronic version
- License
- License undefined
- Identifiers
-
- RERO DOC 8908
- Persistent URL
- https://folia.unifr.ch/unifr/documents/300616
Statistics
Document views: 18
File downloads:
- challet_tsy.pdf: 49