Showing 1 - 10 of 6,543
Persistent link: https://www.econbiz.de/10014303886
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
Persistent link: https://www.econbiz.de/10010354731
For games of simultaneous action selection and network formation, game-theoretic behavior and experimental observations … of the Hawk-Dove game with endogenous network formation and show that the repetition leads to additional equilibria … their strategy. Subjects only reach efficient outcomes if they first adapt their action and then their network. If they …
Persistent link: https://www.econbiz.de/10010252390
Persistent link: https://www.econbiz.de/10013184157
We develop a model of social preferences for network games and study its predictions in a local public goods game with … equilibrium set. How easily the requirements for preference compatibility are met crucially depends on a property of the network …
Persistent link: https://www.econbiz.de/10013341638
Persistent link: https://www.econbiz.de/10014480837
Persistent link: https://www.econbiz.de/10011285514
We study the strategic disclosure of demand information and product-market strategies of duopolists. In a setting where both firms receive information with some probability, we show that firms selectively disclose information in equilibrium in order to influence their competitorś product-market...
Persistent link: https://www.econbiz.de/10011301237
Persistent link: https://www.econbiz.de/10011453462