Showing 1 - 10 of 1,212
Persistent link: https://www.econbiz.de/10011863047
We study a model of network formation and start-up financing with endogenous entrepreneurial type distribution. A hub … firm admits members to its network based on signals about entrepreneurs' types. Network membership is observable, which … allows lenders to offer different interest rates to network and stand-alone entrepreneurs. We show that a network outcome can …
Persistent link: https://www.econbiz.de/10010270476
connected and undirected network. Players observe their immediate neighbors' behavior only, but communicate over time the … repeated game's history truthfully throughout the network. The Folk Theorem extends to this setup, although for a range of … produces a network result; namely, the level of cooperation in this setup depends on the network's diameter, and not on its …
Persistent link: https://www.econbiz.de/10010270931
A local public-good game played on directed networks is analyzed. The model is motivated by one-way flows of hydrological influence between cities of a river basin that may shape the level of their contribution to the conservation of wetlands. It is shown that in many (but not all) directed...
Persistent link: https://www.econbiz.de/10014187527
and sellers have rich yet incomplete knowledge of the network structure; allowing us to derive meaningful conditions that … in a buyer-seller network and suggest a framework for studying repeated games in such networks. In our framework, buyers … determine whether a network is consistent with trade and cooperation between every buyer and seller that are connected. We show …
Persistent link: https://www.econbiz.de/10014044669
structure of conflictive relations is modeled as a conflict network where opponents are embedded in a local structure of … aggregated equilibrium investment (interpreted as conflict intensity) and underlying network characteristics. The derived results …
Persistent link: https://www.econbiz.de/10014202464
connected and undirected network. Players observe their immediate neighbors' behavior only, but communicate over time the … repeated game's history truthfully throughout the network. The Folk Theorem extends to this setup, although for a range of … produces a network result; namely, the level of cooperation in this setup depends on the network's diameter, and not on its …
Persistent link: https://www.econbiz.de/10014219142
neighbors in the social network. The same activities often exert externalities that cummulate in 'stocks' affecting agents … network of social relations, as agents display strategic substitution with distance-two neighbors. We show that behavior is … behavior and key-players tend to move to the periphery of the network, and we discuss the effect of close-knit communities and …
Persistent link: https://www.econbiz.de/10014161284
We provide an overview and synthesis of the literatures analyzing games in which players are connected via a network … structure. We discuss, in particular, the impact of the structure of the network on individuals' behaviors. We focus on game …
Persistent link: https://www.econbiz.de/10014166303
Most network games assume that the best response of a player is a linear function of the actions of her neighbors … network models in the existing literature, including those with nonlinear best responses, can be transformed into games with … produce a unified framework that provides conditions for existence and uniqueness of equilibrium for most network games with …
Persistent link: https://www.econbiz.de/10014076777