Together with Zhengzheng Pan I am working on how naive economic decision makers operate in complex, multi-layer network structures. In the updated paper that I posted on the game theory research page, we consider how decision makers interact in a network and at the same time observe other decision makers in a separate, but correlated…
Category: Changes to site
Update: Ambiguity and the environment
I have posted an updated draft of the working paper with Dimitrios Diamantaras (Temple University, Philadelphia) on social opinion formation and ambiguity in the (global) environmental debate. The paper is posted on the game theory page. The paper has been revised and edited to be more clear in the presentation of its conclusions.
Analyzing partial cooperation in economic behavior
I have posted a new working paper with Subhadip Chakrabarti and Emiliya Lazarova (Both from Queen’s University Belfast) on the game theory page. This paper addresses the question of how groups of decision makers cooperate and make decisions. To that end we modify the standard Nash equilibrium concept to capture such cooperative behavior. Existence theorems…
Network formation paper posted
A new version of my paper with Sudipta Sarangi on belief-based behavior in network formation with communication costs has been posted. The old version is retained as well for more examples and discussion. Please visit the network formation page.
New page on game theory and applications
I just added a new page to this web site with recent working papers on game theory and its applications. I posted two papers, one with Dimitrios Diamantaras on using ambiguity equilibrium concepts to understand social opinion formation and one with Zhengzheng Pan on a dynamic, boundedly rational learning process in a setting where interaction…
New page on network formation
I have added a new page on my research on network formation. Two papers are currently posted there. First, a paper with Sudipta Sarangi on the modeling of trust in network formation. Second, an unpublished working paper from 2000 on evolutionary formation of interaction if players play a simple game in a spatial setting.