TY - JOUR
T1 - Network games
AU - Galeotti, Andrea
AU - Goyal, Sanjeev
AU - Jackson, Matthew O.
AU - Vega-Redondo, Fernando
AU - Yariv, Leeat
PY - 2010/1
Y1 - 2010/1
N2 - In contexts ranging from public goods provision to information collection, a player's well-being depends on his or her own action as well as on the actions taken by his or her neighbours. We provide a framework to analyse such strategic interactions when neighbourhood structure, modelled in terms of an underlying network of connections, affects payoffs. In our framework, individuals are partially informed about the structure of the social network. The introduction of incomplete information allows us to provide general results characterizing how the network structure, an individual's position within the network, the nature of games (strategic substitutes vs. complements and positive vs. negative externalities) and the level of information shape individual behaviour and payoffs.
AB - In contexts ranging from public goods provision to information collection, a player's well-being depends on his or her own action as well as on the actions taken by his or her neighbours. We provide a framework to analyse such strategic interactions when neighbourhood structure, modelled in terms of an underlying network of connections, affects payoffs. In our framework, individuals are partially informed about the structure of the social network. The introduction of incomplete information allows us to provide general results characterizing how the network structure, an individual's position within the network, the nature of games (strategic substitutes vs. complements and positive vs. negative externalities) and the level of information shape individual behaviour and payoffs.
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U2 - 10.1111/j.1467-937X.2009.00570.x
DO - 10.1111/j.1467-937X.2009.00570.x
M3 - Article
AN - SCOPUS:73149104832
SN - 0034-6527
VL - 77
SP - 218
EP - 244
JO - Review of Economic Studies
JF - Review of Economic Studies
IS - 1
ER -