Showing 61 - 70 of 69,326
Persistent link: https://www.econbiz.de/10010199134
We consider a co-evolutionary model of social coordination and network formation where agents may decide on an action … in a 2x2 - coordination game and on whom to establish costly links to. We find that a payoff dominant convention is …
Persistent link: https://www.econbiz.de/10010341151
Persistent link: https://www.econbiz.de/10011439394
Persistent link: https://www.econbiz.de/10010409996
Persistent link: https://www.econbiz.de/10010389461
Persistent link: https://www.econbiz.de/10002612568
Persistent link: https://www.econbiz.de/10001867629
We study a coordination game in a network that indicates who plays with whom. A player chooses a strategy by logit …-free network, people tend to choose the same strategy. We demonstrate that only a small number of players determine the strategy … that prevails in this network. A model in a scale-free network is realistic because many real social networks are scale-free …
Persistent link: https://www.econbiz.de/10013133863
linking constraint and the marginal payoff from coordination. A restrictive linking constraint or a large marginal payoff from … coordinating on the maximum effort promotes efficient coordination. Even if these conditions are not satisfied, players need not to …
Persistent link: https://www.econbiz.de/10012859146
Persistent link: https://www.econbiz.de/10012805436