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Control costs and potential functions for spatial games

Author

Listed:
  • Richard Baron
  • Jacques Durieu
  • Hans Haller
  • Philippe Solal

Abstract

Van Damme and Weibull (1998, 2002) model the noise in games as endogenously determined tremble probabilities, by assuming that with some effort players can control the probability of implementing the intended strategy. Following their methodology, we derive logit-like adjustment rules for games played on quasi-symmetric weighted graphs and explore the properties of the ensuing Markov chain. Copyright Springer-Verlag Heidelberg 2003

Suggested Citation

  • Richard Baron & Jacques Durieu & Hans Haller & Philippe Solal, 2003. "Control costs and potential functions for spatial games," International Journal of Game Theory, Springer;Game Theory Society, vol. 31(4), pages 541-561, September.
  • Handle: RePEc:spr:jogath:v:31:y:2003:i:4:p:541-561
    DOI: 10.1007/s001820300138
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    Citations

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    Cited by:

    1. JIMENEZ Edward, 2002. "Unified Game Theory," Computing in Economics and Finance 2002 25, Society for Computational Economics.
    2. Philippe Solal & Jacques Durieu, 2005. "Interaction on Hypergraphs," Post-Print hal-00375568, HAL.
    3. Siegfried Berninghaus & Hans Haller & Alexander Outkin, 2006. "Neural networks and contagion," Revue d'économie industrielle, De Boeck Université, vol. 0(2), pages 11-11.
    4. Costain, James & Nakov, Anton, 2015. "Precautionary price stickiness," Journal of Economic Dynamics and Control, Elsevier, vol. 58(C), pages 218-234.
    5. T. Demuynck & A. Schollaert, 2006. "Note on State Dependent Mutations as an Equilibrium Refinement Device," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 06/408, Ghent University, Faculty of Economics and Business Administration.
    6. Berninghaus, Siegfried & Haller, Hans, 2007. "Pairwise interaction on random graphs," Papers 06-16, Sonderforschungsbreich 504.
    7. T. Demuynck & A. Schollaert, 2006. "The nature of the mutation process matters," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 06/361, Ghent University, Faculty of Economics and Business Administration.
    8. Jacques Durieu & Hans Haller & Philippe Solal, 2011. "Nonspecific Networking," Games, MDPI, vol. 2(1), pages 1-27, February.
    9. Goyal, Sanjeev, 2003. "Learning in Networks: a survey," Economics Discussion Papers 9983, University of Essex, Department of Economics.
    10. James Costain, 2017. "Costly decisions and sequential bargaining," Working Papers 1729, Banco de España.

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