EconPapers    
Economics at your fingertips  
 

The exact solution of spatial logit response games

Tomohiko Konno and Yannis Ioannides ()

Mathematical Social Sciences, 2019, vol. 97, issue C, 1-10

Abstract: This paper proposes a logit response game with a spatial social structure and solves it exactly. We derive closed-form solutions for the strategy choice probabilities, the spatial correlation function of strategies of distant players, and the expected utility. We study how the probability of adopting a cooperative strategy in a prisoner’s dilemma game and the probability of adopting Pareto efficient strategies in a cooperation game are affected by changes in the parameter that expresses payoff-responsiveness.

Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0165489618300684
Full text for ScienceDirect subscribers only

Related works:
Working Paper: The Exact Solution of Spatial Logit Response Games (2018) Downloads
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:eee:matsoc:v:97:y:2019:i:c:p:1-10

Access Statistics for this article

Mathematical Social Sciences is currently edited by J.-F. Laslier

More articles in Mathematical Social Sciences from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().

 
Page updated 2019-06-10
Handle: RePEc:eee:matsoc:v:97:y:2019:i:c:p:1-10