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Network Games with Incomplete Information

De Martí, Joan; Zenou, Yves - C.E.P.R. Discussion Papers - 2014

We consider a network game with strategic complementarities where the individual reward or the strength of interactions is only partially known by the agents. Players receive different correlated signals and they make inferences about other players' information. We demonstrate that there exists...

Persistent link: https://www.econbiz.de/10011096094

Premise-Based versus Outcome-Based Information Aggregation

de Clippel, Geoffroy; Eliaz, Kfir - C.E.P.R. Discussion Papers - 2012

A group of rational individuals with common interest need to select one of two outcomes. The optimal decision depends on whether certain premises or pieces of evidence are established as being true, and each member receives a noisy signal of the truth value of the relevant premises. Should the...

Persistent link: https://www.econbiz.de/10011083847

One Person, Many Votes: Divided Majority and Information Aggregation

Bouton, Laurent; Castanheira, Micael - C.E.P.R. Discussion Papers - 2008

This paper compares the properties of three electoral systems when voters have imperfect information. Imperfect information blurs voter decisions and may divorce the electoral outcome from the true preferences of the electorate. The challenge for electoral design is therefore to translate the...

Persistent link: https://www.econbiz.de/10005662251

Communication in Federal Politics: Universalism, Policy Uniformity, and the Optimal Allocation of Fiscal Authority

Kessler, Anke - C.E.P.R. Discussion Papers - 2010

The paper presents a positive model of communication in federal legislatures to study the incentives of members to … consideration, communication between delegates generally suffers from a bias that make truthful revelation difficult and sometimes … overspending, universalism and uniformity. Building on these findings, I develop a simple theory of fiscal (de …

Persistent link: https://www.econbiz.de/10008554245

The Economic Consequences of Social Network Structure

Jackson, Matthew O.; Rogers, Brian; Zenou, Yves - C.E.P.R. Discussion Papers - 2015

We survey the literatures on the economic consequences of the structure of social networks. We develop a taxonomy of 'macro' and 'micro' characteristics of social inter-action networks and discuss both the theoretical and empirical findings concerning the role of those characteristics in...

Persistent link: https://www.econbiz.de/10011165640

Networks in Economics

Zenou, Yves - C.E.P.R. Discussion Papers - 2012

We provide an overview on networks in economics. We first look at the theoretical aspects of network economics using a game-theoretical approach. We derive some results on games on networks and network formation. We also study what happens when agents choose both links and actions. We then...

Persistent link: https://www.econbiz.de/10011083628

Games on Networks

Jackson, Matthew O.; Zenou, Yves - C.E.P.R. Discussion Papers - 2012

We provide an overview and synthesis of the literatures analyzing games where players are connected via a network structure. We study, in particular, the impact of the structure of the network on individuals’ behaviors. We focus on the game theoretic modeling, but also include some discussion...

Persistent link: https://www.econbiz.de/10011083885

Networks in Conflict: Theory and Evidence from the Great War of Africa

König, Michael; Rohner, Dominic; Thoenig, Mathias; … - C.E.P.R. Discussion Papers - 2015

the intensity of a conflict. The model combines elements from network theory and from the politico-economic theory of …

Persistent link: https://www.econbiz.de/10011145465

Social Networks

De Martí, Joan; Zenou, Yves - C.E.P.R. Discussion Papers - 2009

We survey the literature on social networks by putting together the economics, sociological and physics/applied mathematics approaches, showing their similarities and differences. We expose, in particular, the two main ways of modeling network formation. While the physics/applied mathematics...

Persistent link: https://www.econbiz.de/10008557014

Existence of Pure Strategies Nash Equilibria in Social Interaction Games with Dyadic Externalities

Le Breton, Michel; Weber, Shlomo - C.E.P.R. Discussion Papers - 2009

In this note we introduce a general class of games where the payoff of every player are affected by her intrinsic taste for available strategic choices; intensity of her dyadic social interactions of with others in the peer group; and conformity effect. We show, that if the dyadic social...

Persistent link: https://www.econbiz.de/10005000440