We address the problem of a planner looking for the efficient network when agents play a network game with local … complementarities and links are costly. We show that for general network cost functions, efficient networks belong to the class of … Nested-Split Graphs. Next, we refine our results and find that, depending on the specification of the network cost function …

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 …

This paper studies information acquisition and use in network games. The network structure incorporates both strategic … complements (positive links) and substitutes (negative links). An information-use game played on a correlation-adjusted network is …

This paper studies adaptive learning in the class of weighted network games. This class of games includes applications … defense expenditures within allied nations. We show that for every weighted network game, the set of pure Nash equilibria is … show that quite general learning processes converge to a Nash equilibrium of a weighted network game if every player …

Most network games assume that the best response of a player is a linear function of the actions of her neighbors … network models in the existing literature, including those with nonlinear best responses, can be transformed into games with … produce a unified framework that provides conditions for existence and uniqueness of equilibrium for most network games with …

This paper proposes a Network Game model where one agent controls multiple nodes, and studies how equilibrium changes … also discusses how the structure of a network and the structure of a player’s controlling nodes (holding connected or …

The knowledge constraints and transactions costs imposed by geographical distance, network connections and time …