Title
Local Interactions and p-Best Response Set.
Abstract
We study a local interaction model where agents play a finite n-person game following a perturbed best-response process with inertia. We consider the concept of minimal p-best response set to analyze distributions of actions on the long run. We distinguish between two assumptions made by agents about the matching rule. We show that only actions contained in the minimal p-best response set can be selected provided that p is sufficiently small. We demonstrate that these predictions are sensitive to the assumptions about the matching rule.
Year
DOI
Venue
2014
10.1155/2014/415686
JOURNAL OF APPLIED MATHEMATICS
Keywords
Field
DocType
game theory
Mathematical optimization,Best response,Interaction model,Game theory,Inertia,Mathematics
Journal
Volume
ISSN
Citations 
2014
1110-757X
0
PageRank 
References 
Authors
0.34
4
2
Name
Order
Citations
PageRank
Jacques Durieu1223.94
Philippe Solal27914.55