Showing 1 - 10 of 195
, pairwise-Nash and proper equilibrium networks coincide, where pairwise stable networks are robust to one-link deviations, while … pairwise-Nash networks are robust to one-link creation but multi-link severance. Under these conditions, proper equilibria in …
Persistent link: https://www.econbiz.de/10010312598
A tragedy of the commons appears when the users of a common resource have incentives to exploit it more than the socially efficient level. We analyze the situation when the tragedy of the commons is embedded in a network of users and sources. Users play a game of extractions, where they decide...
Persistent link: https://www.econbiz.de/10010270955
Suppose markets and firms are connected in a bi-partite network, where firms can only supply to the markets they are connected to. Firms compete a la Cournot and decide how much to supply to each market they have a link with. We assume that markets have linear demand functions and firms have...
Persistent link: https://www.econbiz.de/10010279649
Since the seminal contribution of Jackson & Wolinsky 1996 [A Strategic Model of Social and Economic Networks, JET 71 …, 44-74] it has been widely acknowledged that the formation of social networks exhibits a general conflict between … general results that relate situations of positive externalities with stable networks that cannot be too dense in a well …
Persistent link: https://www.econbiz.de/10010279423
This paper brings together analyses of two-way flow Strict Nash networks under exclusive player heterogeneity … two assumptions influence important properties of Strict Nash networks. Built upon the findings of Billand et al (2011 … the shapes of Strict Nash networks. …
Persistent link: https://www.econbiz.de/10011307287
number of his links. This assumption results in the fact that a large set of Nash networks are disconnected and consist of … components of different sizes, a feature that resembles that of real-world networks. Discussions on this insight are provided. …
Persistent link: https://www.econbiz.de/10011586857
predominance of star-like structures in real-life social networks. …
Persistent link: https://www.econbiz.de/10010312556
The best shot game applied to networks is a discrete model of many processes of contribution to local public goods. It …
Persistent link: https://www.econbiz.de/10010272469
We study (anti-) coordination problems in networks in a laboratory experiment. Partici- pants interact with their …
Persistent link: https://www.econbiz.de/10010272506
We examine the formation of networks among a set of players whose payoffs depend on the structure of the network. We … links. We characterize the networks that are supported under these variations and show how each of the above aspects is …
Persistent link: https://www.econbiz.de/10011324957