Showing 1 - 10 of 238
In many economic situations, a player pursues coordination or anti-coordination with her neighbors on a network, but she also has intrinsic preferences among the available options. We here introduce a model which allows to analyze this issue by means of a simple framework in which players...
Persistent link: https://www.econbiz.de/10011049725
This paper experimentally analyzes the effect of network structures on individualsʼ decisions in a game of strategic substitutes. The theoretical basis for our experiment is the model of Bramoullé and Kranton (2007). As predicted, we find that individuals are able to coordinate on equilibria,...
Persistent link: https://www.econbiz.de/10011049842
What explains the large variation in the number of contacts (degree) that different participants of social networks have: age, randomness, or some unobservable fitness measure? To answer this question, I extend the model presented in Jackson and Rogers (2007) to allow individuals to vary in...
Persistent link: https://www.econbiz.de/10011049762
We analyze the problem of optimal monopoly pricing in social networks where agents care about consumption or prices of their neighbors. We characterize the relation between optimal prices and consumersʼ centrality in the social network. This relation depends on the market structure (monopoly...
Persistent link: https://www.econbiz.de/10011049859
We analyze absorbing sets as a solution for roommate problems with strict preferences. This solution provides the set of stable matchings when it is non-empty and some matchings with interesting properties otherwise. In particular, all matchings in an absorbing set have the greatest number of...
Persistent link: https://www.econbiz.de/10011049734
In this note, I extend the work of Echenique (2012) to show that a model of many-to-many matching with contracts may be embedded into a model of many-to-many matching with wage bargaining whenever (1) all agentsʼ preferences are substitutable and (2) the matching with contracts model is...
Persistent link: https://www.econbiz.de/10011049742
We introduce the notion of group robust stability which requires robustness against a combined manipulation, first … version of group robust stability, called weak group robust stability. Our main theorem, then, proves that there is a weakly …
Persistent link: https://www.econbiz.de/10011049837
stability and nonbossiness are incompatible. We show that the deferred acceptance algorithm satisfies a weaker notion of …
Persistent link: https://www.econbiz.de/10010573666
preferences. We characterize the priority structure of courses over students under which stability is consistent with strategy …-proofness or efficiency. We show that stability is compatible with strategy-proofness or efficiency if and only if the priority …
Persistent link: https://www.econbiz.de/10010719484
We study network games under strategic complementarities. Agents are embedded in a fixed network. They choose a positive, continuous action and interact with their network neighbors. Interactions are positive and actions are bounded from above. We first derive new sufficient conditions for...
Persistent link: https://www.econbiz.de/10011117134