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In this paper, we show that a concept of aggregation can hold in large network games with linear best replies. Breaking … compute all Nash equilibria for the special network structure of cograph. A key finding is that a stable Nash equilibrium of … the large network game can be decomposed into a collection of Nash equilibria of subnetwork games. Thereby, we establish a …
Persistent link: https://www.econbiz.de/10012655535
In this paper, we propose a game in which each player decides with whom to establish a costly connection and how much local public good is provided when benefits are shared among neighbors. We show that, when agents are homogeneous, Nash equilibrium networks are nested split graphs....
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In this paper, we show that a concept of aggregation can hold in network games. Breaking up large networks into smaller … provide an application to public goods in networks to show the usefulness of our results. In particular, we highlight network … architectures that cannot prevent free-riding in public good network games. Finally, we show that aggregation enhances the stability …
Persistent link: https://www.econbiz.de/10011763026
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We consider ultimatum bargaining over the provision of a public good. Offer-maker and responder can delegate their decisions to agents, whose actual decision rules are opaque. We show that the responder will benefit from strategic opacity, even with bilateral delegation. The incomplete...
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