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into account the potential externalities networks produce. Once social ties are in place, these externalities shape the … norms are easily sustained in symmetric networks. By contrast, when an efficient interaction requires players to play …
Persistent link: https://www.econbiz.de/10011335196
chances of getting infected but also our entire network. We introduce a model for coalitional network stability in networks …; this simple setting also models economic situations such as airline networks. The second models social contacts during an …
Persistent link: https://www.econbiz.de/10012253697
This paper studies fictitious play in networks of noncooperative two-player games. We show that continuous …-play property. As an extension, we consider networks in which each bilateral game is strategically zero-sum, a weighted potential …, which entails a generalization of Robinson's theorem to arbitrary zero-sum networks. Applications include security games …
Persistent link: https://www.econbiz.de/10011571263
The paper discusses community enforcement in infinitely repeated, two-action games with local interaction and uncertain monitoring. Each player interacts with and observes only a fixed set of opponents, of whom he is privately informed. The main result shows that when beliefs about the...
Persistent link: https://www.econbiz.de/10011675195
This paper studies fictitious play in networks of noncooperative two-person games. We show that continuous … functions do not possess the continuous-time fictitious-play property. As extensions, we consider networks in which each … zero-sum networks. Applications include security games, conflict networks, and decentralized wireless channel selection. …
Persistent link: https://www.econbiz.de/10012018918
to networks of Blotto games. …
Persistent link: https://www.econbiz.de/10012123363
complementarity in actions, efficiency can be either associated to more sparse or denser networks, depending on the size of the …
Persistent link: https://www.econbiz.de/10011621465
In this paper, we study N-player Colonel Blotto games with incomplete information about battlefield valuations. Such games arise in job markets, research and development, electoral competition, security analysis, and conflict resolution. For M ≥ N + 1 battlefields, we identify a Bayes-Nash...
Persistent link: https://www.econbiz.de/10012436059
future choices. These considerations motivate a rich research programme on how social networks shape individual and …
Persistent link: https://www.econbiz.de/10014025688
We study the stability properties of organizations in partition function games, describing cooperative situations with externalities. An organization is defined as a group of agents, together with a set of bilateral relations, formally, a connected graph. Because of the presence of...
Persistent link: https://www.econbiz.de/10011597403