Showing 351 - 360 of 435
In a variety of contexts - ranging from public goods provision to information collection - a player's well-being depends on own action as well as on the actions taken by his or her neighbors. We provide a framework to analyze such strategic interactions when neighborhood structure, modeled in...
Persistent link: https://www.econbiz.de/10005076082
Persistent link: https://www.econbiz.de/10005081476
This paper develops a simple model to examine the interaction between partner choice and individual behavior in games of coordination. An important ingredient of our approach is the way we model partner choice: we suppose that a player can establish ties with other players by unilaterally...
Persistent link: https://www.econbiz.de/10005030086
Many of the interesting issues in the economics of networks-information transmission, individual incentives with local externalities, investments in connections, and the structure of complex networks-have to do with the quality of links between individuals entities. However, most of the research...
Persistent link: https://www.econbiz.de/10005690543
This paper considers a game played among players who seek to extract payoffs from a group of individuals subject to local interaction effects. We are interested in the relation between the network of social interaction and equilibrium actions and payoffs. We start with an analysis of two...
Persistent link: https://www.econbiz.de/10005771394
We study a setting in which individual players choose their partners as well as a mode of behavior in 2 x 2 anti-coordination games -- games where a player's best response is to behave differently than the opponent. We characterize the nature of equilibrium networks as well as study the effects...
Persistent link: https://www.econbiz.de/10005731335
In many economic and social contexts, individual players choose their partners and also decide on a mode of behavior in interactions with these partners. This paper develops a simple model to examine the interaction between partner choice and individual behavior in games of coordination. An...
Persistent link: https://www.econbiz.de/10005731399
We develop a model of R&D collaboration in which individual firms carry out in-house research on core activities and undertake bilateral joint projects on non-core activities with other firms. We develop conditions on the profit functions of the firm under which R&D investments in different...
Persistent link: https://www.econbiz.de/10005737219
We study the evolution of social distance among economists over the period 1970–2000. While the number of economists has more than doubled, the distance between them, which was already small, has declined significantly. The key to understanding the short average distances is the observation...
Persistent link: https://www.econbiz.de/10005608113
This paper presents a survey of research on learning with a special focus on the structure of interaction between individual entities. The structure is formally modelled as a network: the nodes of the network are individuals while the arcs admit a variety of interpretations (ranging from...
Persistent link: https://www.econbiz.de/10005611783