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We analyze the formation of partnerships in social networks. Players need favors at random times and ask their neighbors in the network to form exclusive long-term partnerships that guarantee reciprocal favor exchange. Refusing to provide a favor results in the automatic removal of the...
Persistent link: https://www.econbiz.de/10012104571
Persistent link: https://www.econbiz.de/10014328587
This paper studies a game of attack and interception in a network where a single attacker chooses a target and a path, and each node chooses a level of protection. We show that the Nash equilibrium of the game exists and is unique. We characterize equilibrium attack paths and attack...
Persistent link: https://www.econbiz.de/10014440079