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If actors want to reach a particular goal, they are often better off forming collaborative relations and investing together rather than investing separately. We study the coordination and cooperation problems that might hinder successful collaboration in a dynamic network setting. We develop an...
Persistent link: https://www.econbiz.de/10009752455
We present a model of social interaction in which actors choose their partners and play the Chicken Game with them. In contrast to most previous models of the coevolution of games and networks, we assume that the actors can employ different actions against different partners. This allows us to...
Persistent link: https://www.econbiz.de/10010660910
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Literature on network formation typically assumes that people create and remove relations as to maximize their outcome in the network. It is mostly neglected that people might also care about the outcomes of others when creating and removing links. In the current paper, we develop an experiment...
Persistent link: https://www.econbiz.de/10014202420
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Pairs of trustors play finitely repeated Trust Games with the same trustee in a laboratory experiment. We study trustfulness of the trustor and trustworthiness of the trustee. We distinguish between learning and control effects on behavior. Learning effects are related to the trustor's...
Persistent link: https://www.econbiz.de/10014190692
Many sociologists and economists have maintained that costly sanctions indeed are able to create and sustain cooperation, but under which conditions carrots or sticks are more successful in this respect still an unsettled issue. Dari-Mattiacci and De Geest (2009) recently clarify that the...
Persistent link: https://www.econbiz.de/10013130923
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Introduction: Embedded Trust -- Social Network Analysis and Game Theory: Basic Concepts and Assumptions -- A Game-theoretic Model for Control Effects in Social Networks -- A Stochastic Model for Information Diffusion in Social Networks -- Contracting in Information Technology Transactions: A...
Persistent link: https://www.econbiz.de/10014021866
Societies are sometimes divided into groups that behave in different ways or have strongly opposing opinions. At other times, everyone seems to behave according to similar principles and opinions. It is likely that individual decisions on behavior or opinions are affected by social networks...
Persistent link: https://www.econbiz.de/10014202418