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different predictions for the equilibrium network. Furthermore, the influence of the subjects' farsightedness on their decision …
Persistent link: https://www.econbiz.de/10012954128
different predictions for the equilibrium network. Furthermore, the influence of the subjects' farsightedness on their decision …
Persistent link: https://www.econbiz.de/10011660635
Persistent link: https://www.econbiz.de/10010354731
network structure and we examine equilibrium selection. Specifically, actions are either strategic substitutes or strategic … complements, and participants have either complete or incomplete information about the structure of a random network. Since … for reduced exposure to loss, and 2) uncertainty about the network structure makes it considerably more difficult to …
Persistent link: https://www.econbiz.de/10010344833
Recent theoretical models of network competition with call externalities demonstrate strategic incentives of incumbent … providers to reduce receiver benefits in rival network by excessive off-net pricing. Such anti-competitive pricing practices … originating a call from other networks. The model also accounts for switching costs and network effects. We find that call …
Persistent link: https://www.econbiz.de/10011606100
Persistent link: https://www.econbiz.de/10012226226
We develop a model of social preferences for network games and study its predictions in a local public goods game with … a property of the network structure: neighborhood nestedness. This means that equilibrium selection succeeds in small …
Persistent link: https://www.econbiz.de/10012851631
Persistent link: https://www.econbiz.de/10012511173
Persistent link: https://www.econbiz.de/10013341268
own experimentation, so total information decreases with network density; we determine density thresholds below which … agents asymptotically learn the state. In contrast, agent welfare is single-peaked in network density, and achieves a second …
Persistent link: https://www.econbiz.de/10014237255