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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
networks, such coordination may be very difficult to achieve and may depend on the communication technology and the network … credibility and show, both theoretically and experimentally, an interaction effect of network structure and communication …
Persistent link: https://www.econbiz.de/10012006270
networks, such coordination may be very difficult to achieve and may depend on the communication technology and the network … credibility and show, both theoretically and experimentally, an interaction effect of network structure and communication …
Persistent link: https://www.econbiz.de/10012024395
High levels of clustering—the tendency for two nodes in a network to share a neighbor—are ubiquitous in economic and … otherwise separate network regions, representing rewards for filling “structural holes” in the sense of Burt (1992) and keeping … distances in networks short. This paper proposes a parsimonious model of network formation with introductions and intermediation …
Persistent link: https://www.econbiz.de/10012843864
We introduce a new network centrality measure founded on the Gately value for cooperative games with transferable … utilities. A directed network is interpreted as representing control or authority relations between players-constituting a … hierarchical network. The power distribution embedded within a hierarchical network can be represented through appropriate TU …
Persistent link: https://www.econbiz.de/10014426676
a model of cooperative network formation where the network is formed through the process of the coordination game being … played between multiple agents. Additionally, network effects are modeled in by the fact that the benefit to any agent from a …
Persistent link: https://www.econbiz.de/10012895261
Persistent link: https://www.econbiz.de/10010354731
network structure and we examine equilibrium selection. Specifically, actions are either strategic substitutes or strategic … complements, and participants have either complete or incomplete information about the structure of a random network. Since … for reduced exposure to loss, and 2) uncertainty about the network structure makes it considerably more difficult to …
Persistent link: https://www.econbiz.de/10010344833
This paper examines network formation among a connected population with a preference for conformity and leadership …. Agents build stable personal relationships to achieve coordinated actions. The network serves as a repository of collective … reveals how behavioral tendencies impact network formation and identifies locally stable disequilibrium structures …
Persistent link: https://www.econbiz.de/10014035047
that the completely connected network is stable, although, its exact structure, and thus contagion implications, is …
Persistent link: https://www.econbiz.de/10012947509