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We consider a model of international migration where skills of workers are imperfectly observed by firms in the host country and where information asymmetries are more severe for immigrants than for natives. There are two stages. In the first one, workers in the South decide whether to move and...
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; clearly, this is a restrictive assumption. We developed a theory called sign-equivalent transformation (SET) underlying the … mathematical structure behind a system of equations defining the Nash equilibrium. By applying our theory, we reveal that many … best-response potentials after appropriate restructuring of equilibrium conditions using SET. Thus, through our theory, we …
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We provide an overview and synthesis of the literatures analyzing games in which players are connected via a network structure. We discuss, in particular, the impact of the structure of the network on individuals’ behaviors. We focus on game theoretic modeling, but also include some discussion...
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