Showing 1 - 10 of 293
placing its data on others’ storage devices, given the prevailing data loss rate in the network. The cost function of an agent … captures the cost that the agent incurs to maintain links in the network. With this utility function, we analyze what network … exists a pairwise stable network, which is also efficient. We show that all pairwise stable networks are efficient, and hence …
Persistent link: https://www.econbiz.de/10012167820
We study network formation with n players and link cost α > 0. After the network is built, an adversary randomly …
Persistent link: https://www.econbiz.de/10009752420
Theoretical models on network formation focus mostly on the stability and efficiency of equilibria, but they cannot … starting network. To study factors affecting equilibrium selection, we designed a network formation experiment with multiple … stage in which the network is disrupted. This setting allows us to analyze the interplay between the need for farsightedness …
Persistent link: https://www.econbiz.de/10012014878
multiplex network who deal with coordination issues using social learning and payoff-driven dynamics. Agents form their …
Persistent link: https://www.econbiz.de/10012062102
In this paper, we propose a game in which each player decides with whom to establish a costly connection and how much local public good is provided when benefits are shared among neighbors. We show that, when agents are homogeneous, Nash equilibrium networks are nested split graphs....
Persistent link: https://www.econbiz.de/10012591497
We consider the dynamic network formation problem under the requirement that the whole network be connected and remain …
Persistent link: https://www.econbiz.de/10012432345
A new model of strategic networking is developed and analyzed, where an agent’s investment in links is nonspecific. The model comprises a large class of games which are both potential and super- or submodular games. We obtain comparative statics results for Nash equilibria with respect to...
Persistent link: https://www.econbiz.de/10009752433
a two-sided market context. In addition to the typical indirect network effects in the two-sided market, backward … stability is fragile due to the network effects. Rather, some boundary eq.’s, where at least one side tips to the legacy or the … indirect network effect and the maximum price margin for the new platform are large; thus, it puts a significant investment in …
Persistent link: https://www.econbiz.de/10011905086
dimensions of our identity (“homophily”). Lab studies of network formation games have found that adherence to social norms of … reciprocity and inequity aversion are also drivers of network choices. No study so far has attempted to investigate the role of … between his/her profile and the profile of the other player. At this point, a repeated network formation game ensues. We find …
Persistent link: https://www.econbiz.de/10011993333
the seller acts as a network bridge with power over the buyer and if there are enough buyers with low valuations so that …
Persistent link: https://www.econbiz.de/10011550488