Network formation is frequently modeled using link-formation games and typically present a multiplicity of Nash … equilibrium selection in these games. Non-cooperative refinements derived from the theory of global games have shown also that …

In this paper we use a non cooperative equilibrium selection approach as a notion of stability in link formation games …. Specifically, we follow the global games approach first introduced by Carlsson and van Damme (1993), to study the robustness of the … set of Nash equilibria for a class of link formation games in strategic form with supermodular payoff functions …

, binary-choice, network games. In quasi-consistent networks these games converge to an absorbing state regardless of the … unbounded populations). In many network games, however, it is uncertain which situation emerges. In this paper I identify two …

We propose a new concept, the pairwise farsightedly stable set, in order to predict which networks may be formed among … farsighted players. A set of networks G is pairwise farsightedly stable (i) if all possible pairwise deviations from any network … full characterization of unique pairwise farsightedly stable sets of networks. Contrary to other pairwise concepts …

We propose a new concept, the pairwise farsightedly stable set, in order to predict which networks may be formed among … farsighted players. A set of networks G is pairto a network outside G are deterred by the threat of ending worse off or equally …

stability. A set of networks GK is a level-K farsightedly stable set if three conditions are satisfied. First, external … of a level-K farsightedly stable set. There is a unique level-1 farsightedly stable set G1 consisting of all networks … level-K farsighted stability and efficiency of networks. We show the tractability of the concept by applying it to a model …

Applying unawareness belief structures introduced in Heifetz, Meier, and Schipper (2012), we develop Bayesian games … higher awareness levels and restricted from higher to lower awareness levels. We apply Bayesian games with unawareness to … relationship between standard Bayesian games and Bayesian games with unawareness. …