Showing 1 - 10 of 11
richer communication. There are equilibria in which a player lies. The flow of information is related with network centrality …Imperfect private monitoring in an infinitely repeated discounted Prisoner’s Dilemma played on a communication network …’s history throughout the network. The delay in receiving this information requires the players to be more patient to sustain the …
Persistent link: https://www.econbiz.de/10008674329
neighbors in the social network. The same activities often exert externalities that cumulate in "stocks" affecting agents … network of social relations, as agents display strategic substitution with distance-two neighbors. We show that behavior is … predicted by a weighted Bonacich centrality index, with weights accounting for distance-two relations. We find that both maximal …
Persistent link: https://www.econbiz.de/10010610790
In this paper, we compare two different representations of Framework Programs as affiliation network: “One … of representation and different indicators used in the analysis. We study the network of the 6th Framework Program using … chosen representation. Furthermore, the nodes forming the core of the network vary according to the representation. These …
Persistent link: https://www.econbiz.de/10004965205
This paper extends the theory of endogenous coalition formation, with complete information and transferable utility, to the overlapping case. We propose a cover function bargaining game which allows the formation of overlapping coalitions at equilibrium. We show the existence of subgame perfect...
Persistent link: https://www.econbiz.de/10008674336
In this paper we study the effects of institutional constraints on stability, efficiency and network formation. More … setting the part of the current network within each connected component of the cover is assumed to be common knowledge to all … players in that component. Based on this two-ingredient model, network and societal cover, we examine the impact of societal …
Persistent link: https://www.econbiz.de/10008674344
restricted through a network of existing relationships and traders bargain over the division of available gains from trade along … point of a set of intuitive value function equations and study efficiency and the relationship between network structure and …
Persistent link: https://www.econbiz.de/10010555589
have higher betweenness centrality: they are the brokers who connect different parts of the network. Ignorant agents cause … small world network. This paper develops a strategic network formation model where agents have heterogeneous knowledge of … the network: cognizant agents know the whole network, while ignorant ones are less knowledgeable. For a broad range of …
Persistent link: https://www.econbiz.de/10005008025
This paper considers a communication network characterized by an endogenous architecture and an imperfect transmission … of information as in Bala and Goyal (2000). We propose a similar network's model with the difference that it is … dominant. Differently from other models, where the network represents only a channel to obtain information or to play a game …
Persistent link: https://www.econbiz.de/10005423133
This paper considers a simple communication network characterized by an endogenous architecture and an imperfect … transmission of information. We analyze the process of network formation in a dynamic framework where self – interested individuals … network structures the formation process will converge to. …
Persistent link: https://www.econbiz.de/10005570252
connected and undirected network. Players observe their immediate neighbors’ behavior only, but communicate over time the … repeated game’s history truthfully throughout the network. The Folk Theorem extends to this setup, although for a range of … produces a network result; namely, the level of cooperation in this setup depends on the network’s diameter, and not on its …
Persistent link: https://www.econbiz.de/10005230891