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We analyze binary choice models in communication networks, in which both, the formation of links in the network as well … networks, where agents choose their strategies - actions and links - according to a perturbed best response update rule. We …
Persistent link: https://www.econbiz.de/10011444453
We analyze binary choice models in communication networks, in which both, the formation of links in the network as well … networks, where agents choose their strategies - actions and links - according to a perturbed best response update rule. We …
Persistent link: https://www.econbiz.de/10011657343
alternative punishment networks. Our results show that the structure of punishment network significantly affects allocations to …
Persistent link: https://www.econbiz.de/10010890961
networks in which one of the sellers monopolizes the market, or the two sellers segment the market. …
Persistent link: https://www.econbiz.de/10010332222
networks in which one of the sellers monopolizes the market, or the two sellers segment the market. …
Persistent link: https://www.econbiz.de/10009788069
I develop a model of stochastic costly signaling in the presence of exogenous imperfect information, and study whether equilibrium signaling decreases ('information substitutes') or increases ('information complements') if the accuracy of exogenous information increases. A stochastic pure costly...
Persistent link: https://www.econbiz.de/10010927722
communication network. We provide an explicit link between players' preferences and the equilibrium strategic communication networks … they communicate. Apart from some specific cases, the equilibrium communication networks are quite complex despite our … simple one-dimensional description of preference heterogeneity. In general, strategic communication networks cannot be …
Persistent link: https://www.econbiz.de/10005012502
We analyze the doping behavior of heterogeneous athletes in an environment of private information. In a n-player strategic game, modeled as an all-pay auction, each athlete has private information about his actual physical ability and choses the amount of performance-enhancing drugs. The use of...
Persistent link: https://www.econbiz.de/10009772194
We analyze the extent to which efficient trade is possible in an ongoing relationship between impatient agents with hidden valuations (i.i.d. over time), restricting attention to equilibria that satisfy ex post incentive constraints in each period. With ex ante budget balance, efficient trade...
Persistent link: https://www.econbiz.de/10011702316
in social networks. Although it is known that two of the major mechanisms in the evolution of cooperation are spatial …. Here, we present a new individual-based model for the evolution of reciprocal cooperation between reputation and networks … standing-and base the model on the giving game in regular networks for Cooperators, Defectors, and Discriminators …
Persistent link: https://www.econbiz.de/10011621316