Showing 1 - 10 of 76
We introduce a spatial cost topology in the network formation model analyzed by Jackson and Wolinsky, Journal of Economic Theory 71 (1996), 44-74. This cost topology might represent geographical, social, or individual differences. It describes variable costs of establishing social network...
Persistent link: https://www.econbiz.de/10005775370
In this paper we analyse the set of scalar algebraic Riccati equations (ARE) that play an important role in finding feedback Nash equilibria of the scalar N-player linear-quadratic differential game. We show that in general there exist maximal 2N-1 solutions of the (ARE) that give rise to a Nash...
Persistent link: https://www.econbiz.de/10005474622
In congestion games, players use facilities from a common pool. The benefit that a player derives from using a facility depends, possibly among other things, on the number of users of this facility. The paper gives an easy alternative proof of the isomorphism between exact potential games and...
Persistent link: https://www.econbiz.de/10005660478
The problem of financing a set of public goods (facilities, projects) by private contributions is studied. The corresponding cooperative game, the realization game, is shown to be convex. For the noncooperative setting we study a realization scheme that induces a strategic game. This...
Persistent link: https://www.econbiz.de/10005618590
Persistent link: https://www.econbiz.de/10005618588
Persistent link: https://www.econbiz.de/10005660448
In this paper, we examine the impact of information on individual contributions in a public-bad experiment. We compare …
Persistent link: https://www.econbiz.de/10005660500
Persistent link: https://www.econbiz.de/10005207453
Persistent link: https://www.econbiz.de/10005207462
Persistent link: https://www.econbiz.de/10005207466