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collaboration in a dynamic network setting. We develop an experiment in which coordination problems are mainly due to finding … problem. Still, if subjects are able to solve the coordination problem, they invest in a suboptimal way in the network good …
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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
This paper analyses a simultaneous game of network formation and information acquisition where the benefit structure is … such that the benefit that an agent derives from the network she is located in depends on the maximum information that … someone in her neighbourhood, including herself, acquires. It turns out that in equilibrium star network emerges as the unique …
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different predictions for the equilibrium network. Furthermore, the influence of the subjects' farsightedness on their decision …
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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/10012958801
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 …
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