• Medientyp: E-Book
  • Titel: Aggregation in networks
  • Beteiligte: Allouch, Nizar [Verfasser:in]
  • Erschienen: Canterbury, Kent: School of Economics, Keynes College, University of Kent, [2021]
  • Erschienen in: University of Kent: Discussion papers ; 2021,9
  • Umfang: 1 Online-Ressource (circa 24 Seiten); Illustrationen
  • Sprache: Englisch
  • Identifikator:
  • Schlagwörter: aggregation ; modular decomposition ; network games ; public goods ; stability ; Graue Literatur
  • Entstehung:
  • Anmerkungen:
  • Beschreibung: In this paper, we show that a concept of aggregation can hold in large network games with linear best replies. Breaking up large networks into smaller subnetworks, which can be replaced by representative players, leads to a coarse-grained description of strategic interactions. This method of summarizing complex strategic interactions by simple ones can be applied to compute all Nash equilibria for the special network structure of cograph. A key finding is that a stable Nash equilibrium of the large network game can be decomposed into a collection of Nash equilibria of subnetwork games. Thereby, we establish a systematic relationship between player's position in a subnetwork and his equilibrium action in the large network game.
  • Zugangsstatus: Freier Zugang