Title
Resource pricing games on graphs: existence of Nash equilibria.
Abstract
In this letter, we consider a non-cooperative resource pricing game on a graph where sellers (i.e., players) set the prices for their own resources to maximize the payoffs and buyers migrate to seek the least expensive resources. We present a model for the resource pricing game and prove the existence of Nash equilibria on regular and hierarchical graphs. The results obtained are applicable to the study of market economies, social networks and computer networks where individuals trade resources in a spatially extended environment.
Year
DOI
Venue
2013
10.1007/s11590-011-0411-2
Optimization Letters
Keywords
Field
DocType
Resource pricing, Peer-to-peer networks, Mobile agents, Market economies, Game theoretic modeling
Graph,Mathematical optimization,Mathematical economics,Social network,Best response,Resource pricing,Normal-form game,Nash equilibrium,Mathematics
Journal
Volume
Issue
ISSN
7
2
1862-4480
Citations 
PageRank 
References 
3
0.39
7
Authors
2
Name
Order
Citations
PageRank
Yutaka Okaie17612.37
tadashi nakano237479.47