2015

Network Games with Incomplete Information

Reprint No. 2015:67

Author(s): Joan de Martí and Yves ZenouYear: 2015 Title: Journal of Mathematical Economics Volume (No.): 61 (December) Pages: 221–240
Online article (restrictions may apply)


We consider a network game with strategic complementarities where the individual reward or the strength of interactions is only partially known by the agents. Players receive different correlated signals and they make inferences about other players’ information. We demonstrate that there exists a unique Bayesian-Nash equilibrium. We characterize the equilibrium by disentangling the information effects from the network effects and show that the equilibrium effort of each agent is a weighted combinations of different Katz–Bonacich centralities.


Reference:
de Martí, Joan and Yves Zenou (2015), "Network Games with Incomplete Information". Journal of Mathematical Economics 61(December), 221–240.

An Agenda for Europe

Institutional Reform for Innovation and Entrepreneurship

Omslag 2017 Institutional Reform for Innovation and Entrepreneurship.jpg

The authors of this book, Niklas Elert, Magnus Henrekson and Mikael Stenkula, advise the economies of the European Union to become more entrepreneurial in promoting innovation and economic growth. The authors propose a reform strategy with respect to several aspects to achieve this goal.

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To present ongoing research informal brown-bag seminars are held on Mondays at 11:30 am. This is an opportunity for IFN researchers to test ideas and results.

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