Idiosyncratic preferences in games on networks

DOI10.1016/J.GEB.2021.10.006MaRDI QIDQ2078031zbMATH OpenOpenAlexFDO

Authors Olena Orlova

Publication date 25 February 2022

Published in Games and Economic Behavior (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.geb.2021.10.006

zbMATH Keywords

idiosyncratic preferencesnetwork effectsnetwork gamesnetworkspreference heterogeneity

Mathematics Subject Classification ID

Games involving graphs (91A43) Individual preferences (91B08)

Review text

The author studies equilibria in simultaneous move, complete information binary action games of strategic complements and strategic substitutes, played on a fixed network. The novelty relative to most of the previous literature is that players have idiosyncratic preferences over the available actions. \textit{P. Hernández} et al. [Games Econ. Behav. 79, 56--66 (2013; Zbl 1281.91049)] and \textit{P. Hernández} et al. [Econ. Lett. 155, 154--156 (2017; Zbl 1395.91144)] have previously studied idiosyncratic preferences in specific games on networks where players have coordination or anti-coordination incentives. The analysis examines a broader class of games. It gives necessary and sufficient conditions for existence of different types of equilibrium.

Recommendations

• Heterogeneous network games: conflicting preferences
• On discrete preferences and coordination
• Equilibrium existence and uniqueness in network games with additive preferences
• Equilibria, information and frustration in heterogeneous network games with conflicting preferences
• Network games under strategic complementarities

Cites work

• An Economic Model of Friendship: Homophily, Minorities, and Segregation
• Anti-coordination and social interactions
• Conflict and segregation in networks: an experiment on the interplay between individual preferences and social influence
• Contagion
• Equilibrium characterization of networks under conflicting preferences
• Graph theory
• Heterogeneous network games: conflicting preferences
• Network games
• Peer effects and social networks in education
• Social and economic networks.
• Social interactions and spillovers
• Threshold graphs and related topics

Cited in

(5)

• Equilibrium characterization of networks under conflicting preferences
• On discrete preferences and coordination
• Equilibrium existence and uniqueness in network games with additive preferences
• Heterogeneous network games: conflicting preferences
• Equilibria, information and frustration in heterogeneous network games with conflicting preferences

This page was built for publication: Idiosyncratic preferences in games on networks

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q2078031)