Nonspecific networking

Artikel

A new model of strategic networking is developed and analyzed, where an agent's investment in links is nonspecific. The model comprises a large class of games which are both potential and super- or submodular games. We obtain comparative statics results for Nash equilibria with respect to investment costs for supermodular as well as submodular networking games. We also study supermodular games with potentials. We find that the set of potential maximizers forms a sublattice of the lattice of Nash equilibria and derive comparative statics results for the smallest and the largest potential maximizer. Finally, we provide a broad spectrum of applications from social interaction to industrial organization.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: Games ; ISSN: 2073-4336 ; Volume: 2 ; Year: 2011 ; Issue: 1 ; Pages: 87-113 ; Basel: MDPI

Classification and Topics

• Classification: Wirtschaft
• Subject: social networks ; local interaction games ; nonspecific networking

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Durieu, Jacques ; Haller, Hans ; Solal, Philippe
• Event: Veröffentlichung
• (who): MDPI
• (where): Basel
• (when): 2011

Further information

• DOI: doi:10.3390/g2010087
• Handle: http://hdl.handle.net/10419/98566
• Last update: 10.03.2025, 11:44 AM CET