AbstractIn a variety of contexts - ranging from public goods provision to information collection - a player's well-being depends on own action as well as on the actions taken by his or her neighbors. We provide a framework to analyze such strategic interactions when neighborhood structure, modeled in terms of an underlying network of connections, a¤ects payo¤s. We provide results characterizing how the network structure, an individual.s position within the network, the nature of games (strategic substitutes versus complements and positive versus negative externalities), and the level of information, shape individual behavior and payoffs.
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Bibliographic InfoPaper provided by European University Institute in its series Economics Working Papers with number ECO2008/07.
Date of creation: 2008
Date of revision:
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Networks; Network Games; Graphical Games; Diffusion; Incomplete Information;
Other versions of this item:
- D85 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Network Formation
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- L14 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Transactional Relationships; Contracts and Reputation
- Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Social and Economic Stratification
This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-02-02 (All new papers)
- NEP-GTH-2008-02-02 (Game Theory)
- NEP-ICT-2008-02-02 (Information & Communication Technologies)
- NEP-NET-2008-02-02 (Network Economics)
- NEP-SOC-2008-02-02 (Social Norms & Social Capital)
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