Unstable diffusion in social networks

DOI10.1016/J.JEDC.2022.104561MaRDI QIDQ6106627zbMATH OpenOpenAlexFDO

Authors Teruyoshi Kobayashi, Yoshitaka Ogisu, Tomokatsu Onaga

Publication date 3 July 2023

Published in Journal of Economic Dynamics and Control (Search for Journal in Brave)

Copyright license Creative Commons Attribution 4.0 International

Full work available at URL https://arxiv.org/abs/2109.14560

zbMATH Keywords

coordination gamediffusionmaster equationsmean-field methodsocial network

Mathematics Subject Classification ID

Cooperative games (91A12) Applications of game theory (91A80) Social networks; opinion dynamics (91D30)

Abstract: How and to what extent will new activities spread through social ties? Here, we develop a more sophisticated framework than the standard mean-field approach to describe the diffusion dynamics of multiple activities on complex networks. We show that the diffusion of multiple activities follows a saddle path and can be highly unstable. In particular, when the two activities are sufficiently substitutable, either of them would dominate the other by chance even if they are equally attractive ex ante. When such symmetry-breaking occurs, any average-based approach cannot correctly calculate the Nash equilibrium - the steady state of an actual diffusion process.

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Cited in

(7)

• Ponzi scheme diffusion in complex networks
• Diffusion in large networks
• Diffusion in Social Networks
• Diffusion of behavior in network games with threshold dynamics
• Transitions between equilibria in bilingual games under probit choice
• Evolutionary dynamics in bilingual games
• On the role of volatility in the evolution of social networks

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