Dresden 2003 – scientific programme

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AKSOE: Physik sozio-ökonomischer Systeme

AKSOE 9: Soziale Systeme und Entscheidungsmodelle

AKSOE 9.7: Talk

Thursday, March 27, 2003, 12:15–12:30, BAR/205

Interaction in networks with complete and incomplete information — •Bodo Vogt¹ and Stefan Reimann² — ¹Institut fuer Mathematische Wirtschaftsforschung, Universitaet Bielefeld, Postfach 100131, 33501 Bielefeld — ²Institut fuer Empirische Wirtschaftsforschung, Universitaet Zuerich, Bluemlisalpstrasse 10, Ch-8006 Zuerich

In economic models the local interaction structure is very often not modeled in detail. Recently for special settings and full information Bala and Goyal (2000) characterize Nash equilibria for the formation of networks. We consider more complicated forms of the interaction of agents and analyze stable configurations. We also do not make the assumption of full information of the agents and look at typical cases of networks which are obtained under incomplete information.