Paolo Pin

Thematic seminars
Economic theory seminar

Paolo Pin

Bocconi University
The effect of externalities aggregation on network games outcomes
Joint with
Francesco Feri
Venue

VC Salle A

Centre de la Vieille-Charité - Salle A

Centre de la Vieille Charité
2 rue de la Charité
13002 Marseille

Date(s)
Thursday, April 28 2016| 12:30pm to 1:45pm
Contact(s)

Mathieu Faure: mathieu.faure[at]univ-amu.fr
Kenan Huremovic: kenan.huremovic[at]univ-amu.fr

Abstract

We generalize results on the monotonicity of equilibria for network games with incomplete information. In those games players know the stochastic process of network formation and their own degree in the realized network, and decide an action whose payoff depends on the strategic interaction in the network between their own action and a statistic (as, for example, the mean, the maximum or the minimum) of neighbors’ actions. We show that, even under degree independence, not only the distinction between strategic complements and strategic substitutes is important in determining the nature of Bayesian Nash equilibria, but also the nature itself of the statistic.