Showing 1 - 10 of 35
We study network games under strategic complementarities. Agents are embedded in a fixed network. They choose a positive, continuous action and interact with their network neighbors. Interactions are positive and actions are bounded from above. We first derive new sufficient conditions for...
Persistent link: https://www.econbiz.de/10011117134
We consider agents playing a linear network game with strategic complementarities. We analyse the problem of a policy maker who can change the structure of the network in order to increase the aggregate efforts of the individuals and/or the sum of their utilities, given that the number of links...
Persistent link: https://www.econbiz.de/10010900273
We consider a model of interdependent efforts, with linear interaction and lower bound on effort. Our setting encompasses asymmetric interaction and heterogeneous agents’ characteristics. We examine the impact of a rise of cross-effects on aggregate efforts. We show that the sign of the...
Persistent link: https://www.econbiz.de/10011065382
We examine the impact of informal risk sharing on risk taking incentives when transfers are organized through a social network. A bilateral partial sharing rule satisfies that neighbors share equally a part of their revenue. In such a society, correlated technologies generate interdependent risk...
Persistent link: https://www.econbiz.de/10011065918
We study network games with linear best-replies and strategic complementarities. We assume that actions are continuous but bounded from above. We show that there is always a unique equilibrium. We find that two key features of these games under small network effects may not hold when network...
Persistent link: https://www.econbiz.de/10010933839
We consider agents playing a linear network game with strategic complementarities. We analyse the problem of a policy maker who can change the structure of the network in order to increase the aggregate efforts of the individuals and/or the sum of their utilities, given that the number of links...
Persistent link: https://www.econbiz.de/10010933841
We address the problem of a planner looking for the efficient network when agents play a network game with local complementarities and links are costly. We show that for general network cost functions, efficient networks belong to the class of Nested-Split Graphs. Next, we refine our results and...
Persistent link: https://www.econbiz.de/10011170198
A set of agents is organized in a social network, which conveys synergies in two activities. Each agent has one unit of a resource to allocate between two activities. We show that individual choices are shaped by Bonacich centrality measures and an attractiveness multiplier. The latter, combined...
Persistent link: https://www.econbiz.de/10008793867
We consider a model of interdependent efforts, with linear and possibly asymmetric interaction. We examine how a variation of the intensity of interaction affects aggregate effort. We show that the relevant information is given by the transposed system.
Persistent link: https://www.econbiz.de/10008793896
This article explores individual incentives to produce information on communication networks. In our setting, efforts are strategic complements along communication paths with possible decay. We analyze Nash equilibria on the line network. We give conditions under which more central agents...
Persistent link: https://www.econbiz.de/10008794012