Showing 1 - 10 of 9,636
networks, such coordination may be very difficult to achieve and may depend on the communication technology and the network … credibility and show, both theoretically and experimentally, an interaction effect of network structure and communication …
Persistent link: https://www.econbiz.de/10012003459
networks, such coordination may be very difficult to achieve and may depend on the communication technology and the network … credibility and show, both theoretically and experimentally, an interaction effect of network structure and communication …
Persistent link: https://www.econbiz.de/10012006270
networks, such coordination may be very difficult to achieve and may depend on the communication technology and the network … credibility and show, both theoretically and experimentally, an interaction effect of network structure and communication …
Persistent link: https://www.econbiz.de/10012024395
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
Theoretical models on network formation focus mostly on the stability and efficiency of equilibria, but they cannot … starting network. To study factors affecting equilibrium selection, we designed a network formation experiment with multiple … stage in which the network is disrupted. This setting allows us to analyze the interplay between the need for farsightedness …
Persistent link: https://www.econbiz.de/10012014878
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 …
Persistent link: https://www.econbiz.de/10012963047
different predictions for the equilibrium network. Furthermore, the influence of the subjects' farsightedness on their decision …
Persistent link: https://www.econbiz.de/10011660635
The paper analyzes a dynamic model of rational strategic learning in a network. It complements existing literature by … network. We show that the delay in information transmission caused by incomplete network structures may induce players to … increase own experimentation efforts. As a consequence a complete network can fail to be optimal even if there are no costs for …
Persistent link: https://www.econbiz.de/10010441988
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