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In this paper, we pursue the work of H. Haller and al. (2005, [10]) and examine the existence of equilibrium networks, called Nash networks, in the noncooperative two-way flow model (Bala and Goyal, 2000, [1]) with partner heterogeneous agents. We show through an example that Nash networks do...
Persistent link: https://www.econbiz.de/10013128763
This paper introduces a partner heterogeneity assumption in the one-way flow model of Bala and Goyal (2000, [1]). Our goal consists in the characterization of strict Nash networks with regard to the set of resources obtained by players. We use the notion of condensation network which allows us...
Persistent link: https://www.econbiz.de/10013128794
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/10013135225
We study a coordination game among agents on a network, who choose whether or not to take an action in an uncertain environment that yields value increasing in the actions of neighbors. We develop an algorithm that fully characterizes the equilibrium partitions (coordination sets) and thresholds...
Persistent link: https://www.econbiz.de/10012900481
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
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/10012863145
Bi and branching networks are two classes of minimal networks often found in the literatures of two-way flow Strict Nash networks. Why so? In this paper, we answer this question by establishing a generalized condition that holds together many models in the literature, and then show that this...
Persistent link: https://www.econbiz.de/10014113854
efficiency. In this note, I show that such is not the case in the two-way flow model with small decay studied by Bala and Goyal …
Persistent link: https://www.econbiz.de/10014083441
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
supported by our data. -- Game Theory ; Networks ; Coordination Problems ; Experiments …
Persistent link: https://www.econbiz.de/10008728743