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Games of social interactions with local and global externalities

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  • Le Breton, Michel
  • Weber, Shlomo

Abstract

In this paper we present a result on the existence of pure strategies Nash equilibrium which covers a large class of games with local and global social interactions. The result highlights common features of well-known games analyzed in the literature.

Suggested Citation

  • Le Breton, Michel & Weber, Shlomo, 2011. "Games of social interactions with local and global externalities," Economics Letters, Elsevier, vol. 111(1), pages 88-90, April.
    • Handle: RePEc:eee:ecolet:v:111:y:2011:i:1:p:88-90
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    References listed on IDEAS

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    Cited by:

    1. Kukushkin, Nikolai, 2019. "Quasiseparable aggregation in games with common local utilities," MPRA Paper 93588, University Library of Munich, Germany.
    2. Blanchet, Adrien & Carlier, Guillaume & Nenna, Luca, 2017. "Computation of Cournot-Nash equilibria by entropic regularization," TSE Working Papers 17-785, Toulouse School of Economics (TSE).
    3. Kukushkin, Nikolai S., 2018. "A universal construction generating potential games," Games and Economic Behavior, Elsevier, vol. 108(C), pages 331-340.
    4. Panov, P., 2017. "Nash Equilibria in the Facility Location Problem with Externalities," Journal of the New Economic Association, New Economic Association, vol. 33(1), pages 28-42.
    5. Kindler, A. & Solomon, S. & Stauffer, D., 2013. "Peer-to-peer and mass communication effect on opinion shifts," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 392(4), pages 785-796.
    6. Kukushkin, Nikolai S., 2017. "Strong Nash equilibrium in games with common and complementary local utilities," Journal of Mathematical Economics, Elsevier, vol. 68(C), pages 1-12.
    7. Savvateev, Alexei & Weber, Shlomo & Musatov, Daniil, 2015. "Gale-Nikaido-Debreu and Milgrom-Shannon: Market Interactions with Endogenous Community Structures," CEPR Discussion Papers 10641, C.E.P.R. Discussion Papers.
    8. Adrien Blanchet & Guillaume Carlier, 2016. "Optimal Transport and Cournot-Nash Equilibria," Mathematics of Operations Research, INFORMS, vol. 41(1), pages 125-145, February.
    9. Musatov, Daniil & Savvateev, Alexei & Weber, Shlomo, 2016. "Gale–Nikaido–Debreu and Milgrom–Shannon: Communal interactions with endogenous community structures," Journal of Economic Theory, Elsevier, vol. 166(C), pages 282-303.

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