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The novelty of our model is to combine models of collective action on networks with models of social learning. Agents are connected according to an undirected graph, the social network, and have the choice between two actions: either to adopt a new behavior or technology or stay with the default...
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others, in a strategic forward looking manner. Game theory of repeated games shows that these circumstances are conducive to … the emergence of collaboration in simple games of two players. We investigate the extension of this concept to the case …-graphs of the social network. For large network games, the number of such equilibria is exponentially large in the number of …
Persistent link: https://www.econbiz.de/10013112256
) equilibrium. Fully informative myopic and farsighted equilibria essentially take a particular simple form: all communication is … and analyze equilibrium welfare. Furthermore, we extend our model to public communication and investigate the implications …
Persistent link: https://www.econbiz.de/10012020319
We investigate the role of conflicting interests in a boundedly rational model of belief dynamics. Individuals have different preferences about the action to take, are subject to persuasion bias and repeatedly communicate with their neighbors in a social network. They communicate strategically...
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components of play that provide added-value to the players? The evolution of Massively Multiplayer Online Games (MMOGs) has been …
Persistent link: https://www.econbiz.de/10011893927