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ID 30580
file
title alternative
Construction of Mathematical Model for Network Formation Based on Solution Concept of Correlated Equilibrium
creator
Kambara, Rika
Nishizaki, Ichiro
subject
network formation
Nash equilibrium
correlated equilibrium
decision making
NDC
Mathematics
abstract
Berninghaus et al. (2007) slightly modify the mathematical model of network formation by Bala and Goyal (2000), and show that a periphery-sponsored star network is a strict Nash equilibrium. To examine the validity of this model, they also conduct laboratory experiments, and obtain inconsistent results with the theoretical prediction. In this paper, assuming implicit coordination of players in network formation processes, we give an explanation for the behavior of the experimental subjects from a point of view of the notion of correlated equilibria.
journal title
Bulletin of the Graduate School of Engineering, Hiroshima University
volume
Volume 59
issue
Issue 1
date of issued
2010
publisher
広島大学大学院工学研究科
issn
1347-7218
ncid
language
jpn
nii type
Departmental Bulletin Paper
HU type
Departmental Bulletin Papers
DCMI type
text
format
application/pdf
text version
publisher
department
Graduate School of Engineering
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