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Contributions to Game Theory and Management, 2019, Volume 12, Pages 128–139
(Mi cgtm339)
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Networks structure, equilibria, and adjustment dynamics in network games with nonhomogeneous players
Maria Garmash, Alyona Utkina, Alexei Korolev National Research University Higher School of Economics at St. Petersburg
Abstract:
In this paper, we consider the following problem — what affects the Nash equilibrium amount of investment in knowledge when some agents of the complete graph enter another full one. The solution of this problem will allow us to understand exactly how game agents will behave when deciding whether to enter the other net, what conditions and externalities affect it and how the level of future equilibrium amount of investments in knowledge can be predicted.
Keywords:
network, network game, Nash equilibrium, externality, productivity, innovation cluster.
Citation:
Maria Garmash, Alyona Utkina, Alexei Korolev, “Networks structure, equilibria, and adjustment dynamics in network games with nonhomogeneous players”, Contributions to Game Theory and Management, 12 (2019), 128–139
Linking options:
https://www.mathnet.ru/eng/cgtm339 https://www.mathnet.ru/eng/cgtm/v12/p128
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