Positive feedback and multiple equilibria have to be taken seriously.
Characterizing social norms as equilibria has the advantage of emphasizing the role that expectations play in upholding norms.
The contribution of this paper is to suggest an alternative mechanism generating multiple equilibria, one which has somewhat different policy implications.
Such games have multiple equilibria, but once one of them has been established, players will have every incentive to keep playing it, as any deviation will be costly.
Certainly, cases where the peptide has been shown to be disordered or adopt multiple structures in the MHC-binding groove are candidates for peptide pre-existing equilibria having influence on receptor recognition [ 35, 94– 94].
But since pooling equilibria have no anger, and separating equilibria do (in expected terms there will be some selfish firms), when pooling equilibria disappear, anger appears.
These equilibria have four noteworthy properties.
In contrast, the Gabszewicz and Wauthy's model has multiple equilibria under the same assumptions.
As in other cases of coordination failure, Diamond's model has multiple equilibria, and the welfare of one agent is dependent on the decisions of others.
Determining if a given gene regulatory network has multiple equilibria first requires the construction of an appropriate mathematical model of the system.
