Information, interaction and memory

Virginie Masson

International Journal of Game Theory, 2015, vol. 44, issue 4, 1015-1032

Abstract: This paper extends previous work on evolutionary games by introducing non-trivial memory into a model where information flows and interactions are captured using networks, as in Alós-Ferrer and Weidenholzer (J Econ Theory 143:251–274, 2008 ). We consider two-player $$K \times K$$ K × K coordination games and analyze best response dynamics as well as imitation dynamics. We show that for any arbitrary information network, including those with asymmetric information exchanges, the introduction of non-trivial memory corroborates the results of previous studies: with best response, agents select the $$\frac{1}{2}$$ 1 2 -dominant strategy while imitators favor efficiency. Furthermore, we expose the sensitivity of the efficiency results to the interaction patterns. Copyright Springer-Verlag Berlin Heidelberg 2015

Keywords: Contagion; Networks; Coordination games; Best response; Imitation (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1007/s00182-015-0463-0 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:jogath:v:44:y:2015:i:4:p:1015-1032

Ordering information: This journal article can be ordered from
http://www.springer. ... eory/journal/182/PS2

DOI: 10.1007/s00182-015-0463-0

Access Statistics for this article

International Journal of Game Theory is currently edited by Shmuel Zamir, Vijay Krishna and Bernhard von Stengel

More articles in International Journal of Game Theory from Springer, Game Theory Society
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().