Previous allocation rules for network games, such as the Myerson Value, implicitly or explicitly take the network structure as fixed. In many situations, however, the network structure can be altered by players. This means that the value of alternative network structures (not just sub-networks)...

Frontmatter -- Contents -- Preface -- PART I. BACKGROUND AND FUNDAMENTALS OF NETWORK ANALYSIS -- PART II. MODELS OF NETWORK FORMATION -- PART III. IMPLICATIONS OF NETWORK STRUCTURE -- PART IV. METHODS, TOOLS, AND EMPIRICAL ANALYSES -- Afterword -- Bibliography -- Index

Applying the concepts of Nash, Bayesian or correlated equilibrium to analysis of strategic interaction, requires that players possess objective knowledge of the game and opponents' strategies. Such knowledge is often not available. The proposed notions of subjective games, and subjective Nash...

Global games are real-valued functions defined on partitions (rather than subsets) of the set of players. They capture "public good" aspects of cooperation, i.e. situations where the payoff is naturally defined for all players ("the globe") together, as is the cause with issues of environmental...

Under the rational expectation s assumption of Muth, economic agents use their perfect knowledge of the distribution of future prices to compute optimal current actions. In private forecasts equilibrium, intorduced here, agents use subjective in accurate forecasts about future prices to compute...

We study merging, in a few senses, of two measures when increasing sequence of information is observed. Motivating this extension of Blackwell and Dubins' (1962) work, are studies of convergence to equilibrium in infinite games and in dynamic economies.