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Equilibrium properties of finite binary choice games

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  • Soetevent, Adriaan R.

    (Groningen University)

Abstract

In this paper I derive a complete characterization for the equilibria that may arise in a binary choice interaction model with a ?nite number of interacting agents. In particular, the correspondence between the interaction strength, the number of agents and the set of equilibria is derived.

Suggested Citation

  • Soetevent, Adriaan R., 2003. "Equilibrium properties of finite binary choice games," CCSO Working Papers 200314, University of Groningen, CCSO Centre for Economic Research.
    • Handle: RePEc:gro:rugccs:200314
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    File URL: http://irs.ub.rug.nl/ppn/258657561
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    1. Edward L. Glaeser & Bruce Sacerdote & José A. Scheinkman, 1996. "Crime and Social Interactions," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 111(2), pages 507-548.
    2. Kooreman, Peter & Soetevent, Adriaan, 2002. "A discrete choice model with social interactions: an analysis of high school teen behavior," CCSO Working Papers 200214, University of Groningen, CCSO Centre for Economic Research.
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    9. repec:dgr:rugccs:200214 is not listed on IDEAS
    10. Vives, Xavier, 1990. "Nash equilibrium with strategic complementarities," Journal of Mathematical Economics, Elsevier, vol. 19(3), pages 305-321.
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    Cited by:

    1. Yannis Ioannides, 2006. "Topologies of social interactions," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 28(3), pages 559-584, August.

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    More about this item

    JEL classification:

    • C35 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions

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