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This paper studies network formation in settings where players are heterogeneous with respect to benefits as well as … the costs of forming links. Our results demonstrate that centrality, center-sponsorship and short network diameter are … groups as compared to across groups, strategic play by individuals leads to a network architecture in which there is a core …
Persistent link: https://www.econbiz.de/10011326943
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/T , regardless of the size of the network. In contrast, arbitrary n-player zero-sum games do not possess the fictitious … underlying network structure is acyclic. The results are shown to hold also for the discrete-time variant of fictitious play …
Persistent link: https://www.econbiz.de/10011571263
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/10012018918
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Persistent link: https://www.econbiz.de/10001901790
This paper studies network formation in settings where players are heterogeneous with respect to benefits as well as … the costs of forming links. Our results demonstrate that centrality, center-sponsorship and short network diameter are … groups as compared to across groups, strategic play by individuals leads to a network architecture in which there is a core …
Persistent link: https://www.econbiz.de/10014113672
We study dynamic network games with two types of players (i.e., heterogeneous players) characterized by their different … estimate the equilibrium frequencies of strategies for asymmetric games with arbitrary payoff values and network structures. We … highlight the importance of the network homophily index in the strategy evolution. For games with strategic complements, a lower …
Persistent link: https://www.econbiz.de/10013491812
Persistent link: https://www.econbiz.de/10014374852