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Guiso, Luigi; Sapienza, Paola; Zingales, Luigi - 2007

transmission tends to be biased toward excessively conservative priors. As a result, societies can be trapped in a low-trust … equilibrium. In this context, a temporary shock to the return to trusting can have a permanent effect on the level of trust. We …

Persistent link: https://www.econbiz.de/10003627185

The price of anarchy for network formation in an adversary model

Kliemann, Lasse - In: Games 2 (2011) 3, pp. 302-332

We study network formation with n players and link cost » 0. After the network is built, an adversary randomly deletes one link according to a certain probability distribution. Cost for player ν incorporates the expected number of players to which ν will become disconnected. We focus on...

Persistent link: https://www.econbiz.de/10010369340

The price of anarchy for network formation in an adversary model

Kliemann, Lasse - In: Games 2 (2011) 3, pp. 302-332

We study network formation with n players and link cost α 0. After the network is built, an adversary randomly deletes one link according to a certain probability distribution. Cost for player ν incorporates the expected number of players to which ν will become disconnected. We focus on...

Persistent link: https://www.econbiz.de/10009752420

The Price of Anarchy for Network Formation in an Adversary Model

Kliemann, Lasse - In: Games 2 (2011) 3, pp. 302-332

We study network formation with n players and link cost α 0. After the network is built, an adversary randomly deletes one link according to a certain probability distribution. Cost for player ν incorporates the expected number of players to which ν will become disconnected. We focus on...

Persistent link: https://www.econbiz.de/10009277823