I contend examples are easy to find even after you account for all of those things you listed. If you’d like a more in-depth exploration of this topic, you might be interested in the book Inadequate Equilibria.
I’ve read Inadequate Equilibria, but that’s exactly the thing, this specific example doesn’t really convey that sort of situation. At the very least, some social interaction as well as the path to the pathological equilibrium are crucial to it. By stripping down all of that, the 99 C example makes no sense. They’re an integral part of why such things happen.
I contend examples are easy to find even after you account for all of those things you listed. If you’d like a more in-depth exploration of this topic, you might be interested in the book Inadequate Equilibria.
I’ve read Inadequate Equilibria, but that’s exactly the thing, this specific example doesn’t really convey that sort of situation. At the very least, some social interaction as well as the path to the pathological equilibrium are crucial to it. By stripping down all of that, the 99 C example makes no sense. They’re an integral part of why such things happen.