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Equilibrium Properties of Finite Binary Choice Games

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Author Info
Adriaan R. Soetevent

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Abstract

This 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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Publisher Info
Paper provided by Society for Computational Economics in its series Computing in Economics and Finance 2004 with number 157.

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Date of creation: 11 Aug 2004
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Handle: RePEc:sce:scecf4:157

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Web page: http://comp-econ.org/
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Related research
Keywords: discrete choice; social interactions; multiple equilibria;

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Find related papers by JEL classification:
C35 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Discrete Regression and Qualitative Choice Models

Cited by:
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  1. Yannis M. Ioannides, 2004. "Topologies Of Social Interactions," Econometric Society 2004 North American Winter Meetings 287, Econometric Society. [Downloadable!]
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