Abstract | ||
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This paper provides a mean-field game theoretic model of the bandwagon effect in social networks. The latter phenomenon can be observed whenever individuals tend to align their own opinions to a mainstream opinion. The contribution is three-fold. First, we provide a mean-field games framework that describes the opinion propagation under local interaction. Second, we establish mean-field equilibrium strategies in the case where the mainstream opinion is stationary. Such strategies are shown to have a threshold structure. Third, we study conditions under which a given opinion distribution is stationary if agents implement optimal non-idle and threshold strategies. |
Year | DOI | Venue |
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2013 | 10.1109/CDC.2013.6760044 | Decision and Control |
Keywords | Field | DocType |
game theory,network theory (graphs),social sciences,bandwagon effect,local interaction,mainstream opinion,mean-field equilibrium strategies,mean-field game theoretic model,opinion distribution,opinion propagation,optimal nonidle strategy,social networks,threshold strategy,threshold structure | Mathematical economics,Mathematical optimization,Social network,Computer science,Mean field theory,Game theoretic,Game theory,Phenomenon,Mainstream,Management science,Bandwagon effect | Conference |
ISSN | ISBN | Citations |
0743-1546 | 978-1-4673-5714-2 | 1 |
PageRank | References | Authors |
0.37 | 5 | 4 |
Name | Order | Citations | PageRank |
---|---|---|---|
Leonardo Stella | 1 | 11 | 4.01 |
Fabio Bagagiolo | 2 | 31 | 3.88 |
Dario Bauso | 3 | 212 | 35.09 |
Raffaele Pesenti | 4 | 277 | 38.44 |