Showing 1 - 10 of 48,789
In this paper, we develop a new game theoretic network centrality measure based on the Shapley value. To do so, we …
Persistent link: https://www.econbiz.de/10012584076
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
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 analyses a simultaneous game of network formation and information acquisition where the benefit structure is … such that the benefit that an agent derives from the network she is located in depends on the maximum information that … someone in her neighbourhood, including herself, acquires. It turns out that in equilibrium star network emerges as the unique …
Persistent link: https://www.econbiz.de/10012963047
that the completely connected network is stable, although, its exact structure, and thus contagion implications, is …
Persistent link: https://www.econbiz.de/10012947509
many well-known results from the contest literature can be obtained by varying the structure of the network. Our framework …
Persistent link: https://www.econbiz.de/10012919103
convergence is 1/T, regardless of the size of the network. In contrast, arbitrary n-person zero-sum games with bilinear payoff … requires a condition on bilateral payoffs or, alternatively, that the network is acyclic. Our results hold also for the …
Persistent link: https://www.econbiz.de/10012902571
This paper studies strategic savings and free-riding behaviours among ex- ante vulnerable firms in a fixed debt network …
Persistent link: https://www.econbiz.de/10013235006
We develop a new class of random-graph models for the statistical estimation of network formation---subgraph generated …) are generated and their union results in a network. We show that all SUGMs are identified and, further, establish the … whether network structure helps enforce risk-sharing, whether cross-caste interactions are more likely to be private, and how …
Persistent link: https://www.econbiz.de/10013237160
to network formation in order to develop such a model. Agents spend costly resources to socialize. Their effort levels …
Persistent link: https://www.econbiz.de/10013069134