Showing 1 - 10 of 252
We provide an overview and synthesis of the literatures analyzing games where players are connected via a network … structure. We study, in particular, the impact of the structure of the network on individuals’ behaviors. We focus on the game …
Persistent link: https://www.econbiz.de/10011083885
We use a laboratory experiment to explore dynamic network formation in a six-player game where link creation requires … mutual consent. The analysis of network outcomes suggests that the process tends to converge to the pairwise-stable (PWS …
Persistent link: https://www.econbiz.de/10011084506
agents are farsighted, related stability concepts have been proposed. We design a simple network formation experiment to test …Pairwise stability (Jackson and Wolinsky, 1996) is the standard stability concept in network formation. It assumes …
Persistent link: https://www.econbiz.de/10008854524
Flexibility - the ability to react swiftly to others' choices - facilitates collusion by reducing gains from defection before opponents react. Under imperfect monitoring, however, flexibility may also hinder collusion by inducing punishment after too few noisy signals. The combination of these...
Persistent link: https://www.econbiz.de/10011084106
We study from both a theoretical and an empirical perspective how a network of military alliances and enmities affects … the intensity of a conflict. The model combines elements from network theory and from the politico-economic theory of … characterization of the Nash equilibrium of the fighting game, and of how the network structure affects individual and total fighting …
Persistent link: https://www.econbiz.de/10011145465
We use experiments to analyze what type of communication is most effective in achieving cooperation in a simple collusion game. Consistent with the existing literature on communication and collusion, even minimal communication leads to a short run increase in collusion. However, in a limited...
Persistent link: https://www.econbiz.de/10008558586
network formation. While the physics/applied mathematics approach is capable of reproducing most observed networks, it does …
Persistent link: https://www.econbiz.de/10008557014
This paper analyzes the effects of network positions and individual risk attitudes on individuals' strategic decisions … in an experiment where actions are strategic substitutes. The game theoretic basis for our experiment is the model of … factors. We study subjects' strategic investment decisions in four basic network structures. As predicted, we find that global …
Persistent link: https://www.econbiz.de/10005136539
We analyse an experimental public goods game in which group members can endogenously determine whether they want to supplement a standard voluntary contribution mechanism with the possibility of rewarding or punishing other group members. We find a large and positive effect of endogenous...
Persistent link: https://www.econbiz.de/10005114368
This paper reports results from an experiment studying how fines, leniency programs and reward schemes for …
Persistent link: https://www.econbiz.de/10004976790