Showing 1 - 9 of 9
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Using network control structures this paper introduces network communication games as a generalization of vertex games and edge games corresponding to communication situations and studies their decomposition into unanimity games. We obtain a relation between the dividends of the network...
Persistent link: https://www.econbiz.de/10013010479
This paper provides an overview of the various shapes the bestreply multifunctions can take in 2x2x2 trimatrix games. It is shown that, unlike in 2x2 bimatrix games, the best replies to the opponents pure strategies do not completely determine the structure of the Nash equilibrium set
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It is widely recognized that the shape of networks influences both individual and aggregate behavior. This raises the question which types of networks are likely to arise. Our paper fits into the literature that addresses this question. The paper continues on the work of Galeotti, Goyal and...
Persistent link: https://www.econbiz.de/10011334857
Any function from a non-empty polytope into itself that is locally gross direction preserving is shown to have the fixed point property. Brouwer's fixed point theorem for continuous functions is a special case. We discuss the application of the result in the area of non-cooperative game theory.
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The class of two-person competition games is introduced and analyzed. For any game in this class, the set of Nash equilibria is convex, equilibrium strategies are exchangeable, and all Nash equilibria lead to the same payoff vector. Competition games are compared to other competitive...
Persistent link: https://www.econbiz.de/10014064982