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decay, and this for all increasing benefit functions of the players. We show that as long as the population is large enough …
Persistent link: https://www.econbiz.de/10010325763
Climate change has inspired the interest of the academic community in the most diverse areas of knowledge. This study tests and revisits the environmental Kuznets curve assumptions for Portugal. The econometric strategy used in this research is time series (ARIMA model, OLS estimator, ARCH...
Persistent link: https://www.econbiz.de/10011824180
(2000a), it assumes that information decay as it flows through each agent, and the decay is increasing and concave in the …
Persistent link: https://www.econbiz.de/10011558335
efficiency. In this note, I show that such is not the case in the twoway flow model with small decay studied by Bala and Goyal …
Persistent link: https://www.econbiz.de/10013254442
information thay they possessed - in determining the shapes of two-way flow Strict Nash networks when small amount of decay is … present. I do so by extending the two-way flow network with small decay of De Jaegher and Kamphorst (J ECON BEHAV ORGAN, 2015 …). Results of this extension shows that the effects of value heterogeneity on Strict Nash networks, when small decay is present …
Persistent link: https://www.econbiz.de/10012052280
This paper brings together analyses of two-way flow Strict Nash networks under exclusive player heterogeneity assumption and exclusive partner heterogeneity assumption. This is achieved through examining how the interactions between these two assumptions influence important properties of Strict...
Persistent link: https://www.econbiz.de/10010518019
contributes to the literature of game theory by introducing non-cooperative behavior into a Kalai-Zemel (cooperative) game of flow …
Persistent link: https://www.econbiz.de/10009126064
Persistent link: https://www.econbiz.de/10009722697
We model a bipartite network in which links connect agents with public goods. Agents play a voluntary contribution game in which they decide how much to contribute to each public good they are connected to. We show that the problem of finding a Nash equilibrium can be posed as a non-linear...
Persistent link: https://www.econbiz.de/10011283197
Many social networks have the following properties: (i) a short average distance between any two individuals; (ii) a high clustering coefficient; (iii) segregation patterns; the presence of (iv) brokers and (v) hubs. (i) and (ii) define a small world network. This paper develops a strategic...
Persistent link: https://www.econbiz.de/10008811021