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high clustering coefficient; (iii) segregation patterns; the presence of (iv) brokers and (v) hubs. (i) and (ii) define a … small world network. This paper develops a strategic network formation model where agents have heterogeneous knowledge of … the network: cognizant agents know the whole network, while ignorant ones are less knowledgeable. For a broad range of …
Persistent link: https://www.econbiz.de/10014205761
; Small World ; Broker ; Segregation … high clustering coefficient; (iii) segregation patterns; the presence of (iv) brokers and (v) hubs. (i) and (ii) define a … small world network. This paper develops a strategic network formation model where agents have heterogeneous knowledge of …
Persistent link: https://www.econbiz.de/10008811021
A local public-good game played on directed networks is analyzed. The model is motivated by one-way flows of hydrological influence between cities of a river basin that may shape the level of their contribution to the conservation of wetlands. It is shown that in many (but not all) directed...
Persistent link: https://www.econbiz.de/10014187527
structure of conflictive relations is modeled as a conflict network where opponents are embedded in a local structure of … aggregated equilibrium investment (interpreted as conflict intensity) and underlying network characteristics. The derived results …
Persistent link: https://www.econbiz.de/10014202464
connected and undirected network. Players observe their immediate neighbors' behavior only, but communicate over time the … repeated game's history truthfully throughout the network. The Folk Theorem extends to this setup, although for a range of … produces a network result; namely, the level of cooperation in this setup depends on the network's diameter, and not on its …
Persistent link: https://www.econbiz.de/10014219142
We provide an overview and synthesis of the literatures analyzing games in which players are connected via a network … structure. We discuss, in particular, the impact of the structure of the network on individuals' behaviors. We focus on game …
Persistent link: https://www.econbiz.de/10014166303
Most network games assume that the best response of a player is a linear function of the actions of her neighbors … network models in the existing literature, including those with nonlinear best responses, can be transformed into games with … produce a unified framework that provides conditions for existence and uniqueness of equilibrium for most network games with …
Persistent link: https://www.econbiz.de/10014076777
This study investigates how people provide public goods in a network formation game. In this game, players first form a … network through bilateral linking, with or without a link cost, and then contribute to a public good, which can benefit both …
Persistent link: https://www.econbiz.de/10014079216
spread. Previously developed frameworks capture local social influence using network games, but discard local correlation in … players' strategies. This paper develops a network games framework that allows for local correlation in players' strategies by … equilibrium outcomes on network clustering — the probability that two individuals with a mutual neighbor are connected to each …
Persistent link: https://www.econbiz.de/10014138245
This paper examines conditions for stability in bargaining networks. Network formation is endogenized and payoffs are … internalize the entire network structure when choosing trading partners. The set of link stable networks is characterized for all …
Persistent link: https://www.econbiz.de/10013002376