Game Equilibria and Unification Dynamics in Networks with Homogenous Agents and Knowledge Externalities

QR Code

Vladimir MATVEENKO, Maria GARMASH, Ilya GARMASHOV and Alexei KOROLEV

National Research University, Higher School of Economics at St. Petersburg, St. Petersburg, Russia

Abstract

In this paper, we consider the following problem – what affects the Nash equilibrium amount of investment in knowledge when one of the complete graph enters another full one. The solution of this problem will allow us to understand exactly how game agents will behave when deciding whether to enter the other net, what conditions and externalities affect it and how the level of future equilibrium amount of investments in knowledge can be predicted.

Keywords: Network Game; Nash Equilibrium; Externality; Productivity.
Shares