A characterization of cooperation in dynamic network games

被引:0
作者
Koch, Caleb M. [1 ]
Rossier, Alain [2 ]
机构
[1] Computat Social Sci, Zurich, Switzerland
[2] Dept Math, Zurich, Switzerland
来源
PROCEEDINGS OF THE 14TH WORKSHOP ON THE ECONOMICS OF NETWORKS, SYSTEMS AND COMPUTATION (NETECON '19) | 2019年
关键词
Networks; dynamic games; exchange economies; equilibrium refinement; stability; collusiveness; Pareto dominance; COALITION-FORMATION; EQUILIBRIUM; STABILITY;
D O I
10.1145/3338506.3340236
中图分类号
TP [自动化技术、计算机技术];
学科分类号
0812 ;
摘要
This paper explores conditions under which players cooperate in a dynamic network game. Historically, folk theorems have provided a speckled perspective by showing that there exists equilibria where players cooperate, do not cooperate, as well as a myriad of equilibria between these extremes. Our main contribution is identifying a necessary and sufficient equilibrium refinement such that, for all equilibria, all players cooperate in order to reach a strictly Pareto dominant graph. We base our results on a class of games that subsume forward-looking extensions of exchange economies with indivisible goods.
引用
收藏
页数:6
相关论文
共 27 条
[1]  
Aumann Robert J., 1994, Essays in Game Theory: In Honor of Michael Maschler, P1, DOI DOI 10.1007/978-1-4612-2648-2_1
[2]   The package assignment model [J].
Bikhchandani, S ;
Ostroy, JM .
JOURNAL OF ECONOMIC THEORY, 2002, 107 (02) :377-406
[3]   FARSIGHTED COALITIONAL STABILITY [J].
CHWE, MSY .
JOURNAL OF ECONOMIC THEORY, 1994, 63 (02) :299-325
[4]   Farsighted network formation [J].
Dutta, B ;
Ghosal, S ;
Ray, D .
JOURNAL OF ECONOMIC THEORY, 2005, 122 (02) :143-164
[5]   A FOLK THEOREM FOR STOCHASTIC GAMES [J].
DUTTA, PK .
JOURNAL OF ECONOMIC THEORY, 1995, 66 (01) :1-32
[6]   Dynamic Games with Asymmetric Information: A Framework for Empirical Work [J].
Fershtman, Chaim ;
Pakes, Ariel .
QUARTERLY JOURNAL OF ECONOMICS, 2012, 127 (04) :1611-1661
[7]  
Fink A M., 1964, J. Sci. Hiroshima Univ. Series AI., V28, P89
[8]   NON-COOPERATIVE EQUILIBRIUM FOR SUPERGAMES [J].
FRIEDMAN, JW .
REVIEW OF ECONOMIC STUDIES, 1971, 38 (113) :1-12
[9]   Financial networks [J].
Gale, Douglas M. ;
Kariv, Shachar .
AMERICAN ECONOMIC REVIEW, 2007, 97 (02) :99-103
[10]   Bilateralism and free trade [J].
Goyal, Sanjeev ;
Joshi, Sumit .
INTERNATIONAL ECONOMIC REVIEW, 2006, 47 (03) :749-778