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Persistent link: https://www.econbiz.de/10013436250
We consider a model of an information network where nodes can fail and transmission of information is costly. The …
Persistent link: https://www.econbiz.de/10010274309
This paper considers a population of agents that are engaged in a listening network. The agents wish to match their … neighbors in the network. I derive a closed expression for the (interim) social welfare loss that depends on the initial … information structure and on the possible pieces of information that can be gathered under the network. Then, I explore how …
Persistent link: https://www.econbiz.de/10011621465
convergence is 1/T, regardless of the size of the network. In contrast, arbitrary n-person zero-sum games with bilinear payoff … requires a condition on bilateral payoffs or, alternatively, that the network is acyclic. Our results hold also for the …
Persistent link: https://www.econbiz.de/10012018918
In this paper, we propose a game in which each player decides with whom to establish a costly connection and how much local public good is provided when benefits are shared among neighbors. We show that, when agents are homogeneous, Nash equilibrium networks are nested split graphs....
Persistent link: https://www.econbiz.de/10012591497
/T , regardless of the size of the network. In contrast, arbitrary n-player zero-sum games do not possess the fictitious … underlying network structure is acyclic. The results are shown to hold also for the discrete-time variant of fictitious play …
Persistent link: https://www.econbiz.de/10011571263
We consider a model of an information network where nodes can fail and transmission of information is costly. The …
Persistent link: https://www.econbiz.de/10004963662
theory, although the frequency of Dumb is substantially greater than zero in the unstable treatments. -- Games ; experiments …
Persistent link: https://www.econbiz.de/10003921539
We analyze subjects' eye movements while they make decisions in a series of one-shot games. The majority of them perform a partial and selective analysis of the payoff matrix, often ignoring the payoffs of the opponent and/or paying attention only to specific cells. Our results suggest that...
Persistent link: https://www.econbiz.de/10009709528
In a recent paper, Jäger, Metzger, and Riedel (2011) study communication games of common interest when signals are simple and types complex. They characterize strict Nash equilibria as so-called Voronoi languages that consist of Voronoi tesselations of the type set and Bayesian estimators on...
Persistent link: https://www.econbiz.de/10009388067