AbstractThe Internet exhibits forms of interactions which are not captured by existing models in economics, artificial intelligence and game theory. New models are needed to deal with these multi-agent interactions. In this paper we present a new model--distributed games. In such a model each players controls a number of agents which participate in asynchronous parallel multi-agent interactions (games). The agents jointly and strategically control the level of information monitoring by broadcasting messages. As an application we show that the cooperative outcome of the Prisoners' Dilemma game can be obtained in equilibrium in such a setting.
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Bibliographic InfoPaper provided by EconWPA in its series Game Theory and Information with number 9707001.
Length: 7 pages
Date of creation: 02 Jul 1997
Date of revision: 13 Aug 1997
Note: Type of Document - PostScript; prepared on unix/AmsTex; to print on PostScript; pages: 7
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Internet; Electronic Commerce; Distributed games; Parallel games;
Find related papers by JEL classification:
- C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
- D8 - Microeconomics - - Information, Knowledge, and Uncertainty
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- Giovanni Dosi & Mike Hobday & Luigi Marengo & Andrea Prencipe, 2002. "The Economics Of System Integration: Toward An Evolutionary Interpretation," LEM Papers Series 2002/16, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
- Pedersen, Mogens Kühn & Larsen, Michael Holm, 2000. "Distributed Knowledge Management Based on Product State Models – The Case of Decision Support in Health Care Administration," Working Papers 2000-12, Copenhagen Business School, Department of Informatics.
- Criscuolo,Paola & Narula,Rajneesh & Verspagen,Bart, 2002.
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