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stable networks and closed cycles in models of network formation; and with the set of pure strategy Nash equilibria in finite …
Persistent link: https://www.econbiz.de/10011660119
like research and development within interlinked firms, crime within social networks, the economics of pollution, and …
Persistent link: https://www.econbiz.de/10012944776
A firm has liabilities towards a group of creditors. We analyze the question of how to distribute the asset value of the firm among the creditors and the firm itself. Compared to standard bankruptcy games as studied in the game theory literature, we introduce the firm as an explicit player and...
Persistent link: https://www.econbiz.de/10012940904
Persistent link: https://www.econbiz.de/10012131965
We propose a model on strategic formation of communication networks with (i) link specificity: the more direct links … only social value to isolate the impact of link specificity, the pairwise stable set includes many nonstandard networks … networks under high or the complete network under low link specificity. These extremes are beneficial for efficiency, whereas …
Persistent link: https://www.econbiz.de/10014183626
We propose a model on strategic formation of communication networks with (i) link specificity: the more direct links … only social value to isolate the impact of link specificity, the pairwise stable set includes many nonstandard networks … networks under high or the complete network under low link specificity. These extremes are beneficial for efficiency, whereas …
Persistent link: https://www.econbiz.de/10014184652
We analyze the structure of bilateral communication links among consumers in virtual communities by a game-theoretic model of network formation. First, link specificity is incorporated, meaning that the more direct links somebody has to maintain with others, the less she is able to specify her...
Persistent link: https://www.econbiz.de/10013142565
about how individuals make their linking decisions in networks. This article provides an experimental investigation of …
Persistent link: https://www.econbiz.de/10013069731
about how individuals make their linking decisions in networks. This article provides an investigation of heuristic effects …
Persistent link: https://www.econbiz.de/10013028786
. In public goods games played on networks, such an agent will attempt to manipulate as many of his neighbors as possible …
Persistent link: https://www.econbiz.de/10012862569