Name
Abstract | ||
|---|---|---|
This paper provides a mean-field game theoretic model of the bandwagon effect in social networks. This effect can be observed whenever individuals tend to align their own opinions to a mainstream opinion. The contribution is threefold. First, we describe the opinion propagation as a mean-field game with local interactions. Second, we establish mean-field equilibrium strategies in the case where the mainstream opinion is constant. Such strategies are shown to have a threshold structure. Third, we extend the use of threshold strategies to the case of time-varying mainstream opinion and study the evolution of the macroscopic system. |
Year | DOI | Venue |
|---|---|---|
2016 | 10.1007/s13235-015-0167-x | Dynamic Games and Applications |
Keywords | Field | DocType |
Games with infinitely many players, Bandwagon effect, Activation costs, Threshold policies, Mean-field games, Mode, 91A13, 91A23, 91A40 | Economics,Mathematical economics,Social network,Mean field game,Microeconomics,Game theoretic,Mainstream,Bandwagon effect | Journal |
Volume | Issue | ISSN |
6 | 4 | 2153-0793 |
Citations | PageRank | References |
1 | 0.38 | 11 |
Authors | ||
3 | ||
Name | Order | Citations | PageRank |
|---|---|---|---|
| Fabio Bagagiolo | 1 | 31 | 3.88 |
| Dario Bauso | 2 | 212 | 35.09 |
| Raffaele Pesenti | 3 | 277 | 38.44 |