Showing 1 - 10 of 371
optimal design of social networks like Facebook or Google+. We distinguish between unilateral and bilateral connections and … "babblers" or "friends", irrespective of whether the network is unilateral or bilateral, in equilibrium, targeted information …
Persistent link: https://www.econbiz.de/10011282489
This paper studies strategic interaction in networks. We focus on games of strategic substitutes and strategic …
Persistent link: https://www.econbiz.de/10011816766
We study the formation of networks in environments where agents derive benefits from other agents directly linked to … networks with undirected links (e.g. epidemics, underground resistance organizations, trade networks) where we find that stable … networks are comprised of completely connected disjoint subnetworks. Then, we consider networks with directed links and we find …
Persistent link: https://www.econbiz.de/10011816753
Bi and branching networks are two classes of minimal networks often found in the literatures of two-way flow Strict … Nash networks. Why so? In this paper, we answer this question by establishing a generalized condition that holds together … a generalization of several existing works in the literature of two-way flow Strict Nash networks. …
Persistent link: https://www.econbiz.de/10011957004
fine-detail characterization of effiicient networks. …
Persistent link: https://www.econbiz.de/10013353582
information thay they possessed - in determining the shapes of two-way flow Strict Nash networks when small amount of decay is …). Results of this extension shows that the effects of value heterogeneity on Strict Nash networks, when small decay is present … surprising finding is that value heterogeneity can extend the diameters of Strict Nash networks without changing any other …
Persistent link: https://www.econbiz.de/10012146438
This paper studies fictitious play in networks of noncooperative two-player games. We show that continuous …-play property. As an extension, we consider networks in which each bilateral game is strategically zero-sum, a weighted potential …, which entails a generalization of Robinson's theorem to arbitrary zero-sum networks. Applications include security games …
Persistent link: https://www.econbiz.de/10011663198
This paper studies fictitious play in networks of noncooperative two-person games. We show that continuous … functions do not possess the continuous-time fictitious-play property. As extensions, we consider networks in which each … zero-sum networks. Applications include security games, conflict networks, and decentralized wireless channel selection. …
Persistent link: https://www.econbiz.de/10012026511
The equilibrium outcome of a strategic interaction between two or more people may depend on the weight they place on each other's payoff. A positive, negative or zero weight represents altruism, spite or complete selfishness, respectively. Paradoxically, the real, material payoff in equilibrium...
Persistent link: https://www.econbiz.de/10010336031
It is shown that the n-player lottery contest admits a best-response potential (Voorneveld, 2000, Economics Letters). This is true also when the contest technology reflects the possibility of a draw. The result implies, in particular, the existence of a nontrivial example of a strictly...
Persistent link: https://www.econbiz.de/10011663200