Equilibrium Properties of Finite Binary Choice Games
AbstractThis paper derives a complete characterization for the equilibrium properties of a binary choice interaction model with a finite number of agents - in particular the correspondence between the interaction strength, the number of agents, and the set of equilibria. For the class of games considered, the results may prove to be useful in developing efficient algorithms for finding all equilibria
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Bibliographic InfoPaper provided by Society for Computational Economics in its series Computing in Economics and Finance 2004 with number 157.
Date of creation: 11 Aug 2004
Date of revision:
discrete choice; social interactions; multiple equilibria;
Other versions of this item:
- Soetevent, Adriaan R., 2003. "Equilibrium properties of finite binary choice games," CCSO Working Papers 200314, University of Groningen, CCSO Centre for Economic Research.
- 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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- Yannis M. Ioannides, 2004.
"Topologies Of Social Interactions,"
Econometric Society 2004 North American Winter Meetings
287, Econometric Society.
- Yannis Ioannides, 2001. "Topologies of Social Interactions," Discussion Papers Series, Department of Economics, Tufts University 0104, Department of Economics, Tufts University.
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