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network formation. While the physics/applied mathematics approach is capable of reproducing most observed networks, it does …
Persistent link: https://www.econbiz.de/10008557014
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 …
Persistent link: https://www.econbiz.de/10011083628
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 …
Persistent link: https://www.econbiz.de/10011083885
Delinquents are embedded in a network of relationships. Social ties among delinquents are modelled by means of a graph … non-cooperative way how much delinquency effort he will exert. Using the network model developed by Ballester et al. (2006 … characterization of optimal single player network removal for delinquency reduction, the key player, to optimal group removal, the key …
Persistent link: https://www.econbiz.de/10005041094
first develop a model that shows that, at the Nash equilibrium, the outcome of each individual embedded in a network is … network specific factors, the individual's position in a network (as measured by her Katz-Bonacich centrality) is a key …
Persistent link: https://www.econbiz.de/10005123817
exerts, can be interpreted as a network game with local payoff complementarities, together with a globally uniform payoff … her Bonacich centrality in the network of local complementarities, thus establishing a bridge with the sociology … literature on social networks. This Bonacich-Nash linkage implies that aggregate equilibrium increases with network size and …
Persistent link: https://www.econbiz.de/10005136551
We investigate the outcome of bargaining when a player’s pay-off from agreement is risky. We find that a risk-averse player typically increases his equilibrium receipts when his pay-off is made risky. This is because the presence of risk makes individuals behave 'more patiently' in bargaining....
Persistent link: https://www.econbiz.de/10005666445
Probabilistic measures of a priori voting power are useful tools to asses actors' influence on collective decision-making either for the purpose of designing a voting organ or to model particular policy cases. This paper makes an attempt to reduce a dynamic voting process into a cooperative...
Persistent link: https://www.econbiz.de/10005114157
We study from both a theoretical and an empirical perspective how a network of military alliances and enmities affects … the intensity of a conflict. The model combines elements from network theory and from the politico-economic theory of … characterization of the Nash equilibrium of the fighting game, and of how the network structure affects individual and total fighting …
Persistent link: https://www.econbiz.de/10011145465
This paper analyses the incentives to participate in and the stability of international climate coalitions. Using the integrated assessment model WITCH, the analysis of coalitions’ profitability and stability is performed under alternative assumptions concerning the pure rate of time...
Persistent link: https://www.econbiz.de/10011083407