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This work presents experimental results on a coordination game in which agents must repeatedly choose between two sides … show that, at the aggregate level a quite remarkable degree of coordination is achieved. Moreover providing players with …
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in a buyer-seller network and suggest a framework for studying repeated games in such networks. In our framework, buyers … and sellers have rich yet incomplete knowledge of the network structure; allowing us to derive meaningful conditions that … determine whether a network is consistent with trade and cooperation between every buyer and seller that are connected. We show …
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network; and [2] the incentives of a seller s to cooperate can be calculated as if the network was a random tree with seller s … sustaining cooperation, and on how to mitigate such costs. -- Networks ; moral hazard ; graph theory ; repeated games …
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