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Persistent link: https://www.econbiz.de/10010354731
A tragedy of the commons appears when the users of a common resource have incentives to exploit it more than the socially efficient level. We analyze the situation when the tragedy of the commons is embedded in a network of users and sources. Users play a game of extractions, where they decide...
Persistent link: https://www.econbiz.de/10010270955
This paper studies fictitious play in networks of noncooperative two-player games. We show that continuous …-play property. As an extension, we consider networks in which each bilateral game is strategically zero-sum, a weighted potential …, which entails a generalization of Robinson's theorem to arbitrary zero-sum networks. Applications include security games …
Persistent link: https://www.econbiz.de/10011571263
This paper studies fictitious play in networks of noncooperative two-person games. We show that continuous … functions do not possess the continuous-time fictitious-play property. As extensions, we consider networks in which each … zero-sum networks. Applications include security games, conflict networks, and decentralized wireless channel selection. …
Persistent link: https://www.econbiz.de/10012018918
in networks model of Bramoullé and Kranton (2007) to allow for constrained provision. In so doing, we show that, using …
Persistent link: https://www.econbiz.de/10011856863
, that guarantees the uniqueness of the equilibria, and provide an easy procedure for building networks that respects this …
Persistent link: https://www.econbiz.de/10011283197
stable networks and closed cycles in models of network formation; and with the set of pure strategy Nash equilibria in finite …
Persistent link: https://www.econbiz.de/10011660119
, typically there will be multiple stable configurations that will be available for a society. While all stable networks will not …
Persistent link: https://www.econbiz.de/10011807208
, typically there will be multiple stable configurations that will be available for a society. While all stable networks will not … be efficient, we show that every efficient network will be stable. -- Networks ; Network formation ; Self …-organization ; Stable networks ; Nash networks ; Participation Games ; Learning …
Persistent link: https://www.econbiz.de/10008857822
We study (anti-) coordination problems in networks in a laboratory experiment. Partici- pants interact with their … supported by our data. -- Game Theory ; Networks ; Coordination Problems ; Experiments …
Persistent link: https://www.econbiz.de/10008728743