Arbeitspapier

Equilibria and Centrality in Link Formation Games

We study non-cooperative link formation games in which players have to decide how much to invest in relationships with other players. The relationship between equilibrium strategies and network centrality measures are investigated in games where there is a common valuation of players as friends. If the utility from relationships with other players is bilinear, then indegree, eigenvector centrality, and the Katz-Bonacich centrality measure put the players in opposite order than the common valuation. If the utility from relationships is strictly concave, then these measures order the players in the same way as the common valuation.

Sprache
Englisch

Erschienen in
Series: Discussion paper ; No. 92

Klassifikation
Wirtschaft
Noncooperative Games
Market Structure, Pricing, and Design: Oligopoly and Other Forms of Market Imperfection
Thema
link formation games
centrality measures
complete network

Ereignis
Geistige Schöpfung
(wer)
Salonen, Hannu
Ereignis
Veröffentlichung
(wer)
Aboa Centre for Economics (ACE)
(wo)
Turku
(wann)
2014

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Salonen, Hannu
  • Aboa Centre for Economics (ACE)

Entstanden

  • 2014

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