Explain please?
At (D,D) no agent would change their strategy, because it is a Nash equilibrum.
(D,C) collapses into (D,D). (C,D) collapses into (D,D).
At (C,C) any attempt to change strategy leads to either (D,C) or (C,D) which both collapse into (D,D).
So (C,C) forms (for lack of a better name) a reflective equilibrium. I don’t understand how you reached circular causality.
Explain please?
At (D,D) no agent would change their strategy, because it is a Nash equilibrum.
(D,C) collapses into (D,D). (C,D) collapses into (D,D).
At (C,C) any attempt to change strategy leads to either (D,C) or (C,D) which both collapse into (D,D).
So (C,C) forms (for lack of a better name) a reflective equilibrium. I don’t understand how you reached circular causality.