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We study dynamic network games with two types of players (i.e., heterogeneous players) characterized by their different intrinsic preferences. Instead of calculating the Nash equilibrium, we focus on the asymptotic behavior of an asynchronous best response dynamics. We develop a dynamic approach...
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This paper describes a general framework for equilibrium selection by tracing the graph of the quantal response equilibrium (QRE) correspondence as a function of the estimation error. If a quantal response function satisfies C2 continuity, monotonicity and cumulativity, the graph of QRE...
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In this paper, we study cooperation and coordination in a threshold public goods game with asymmetric players where players have different endowments 𝑒𝑖, productivities 𝑝𝑖, and rewards 𝑟𝑖. In general, this game has a defective Nash equilibrium (NE), in which no one contributes,...
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