Contagion and the Speed of Adjustment in Small Worlds

Cartwright, Edward (2007) Contagion and the Speed of Adjustment in Small Worlds. International Game Theory Review, 9 (4). pp. 689-704. ISSN 0219-1989. (The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided)

The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided. (Contact us about this Publication)
Official URL
http://dx.doi.org/10.1142/S0219198907001667

Abstract

We model a simple dynamic process in which myopic agents are matched amongst each other to play a coordination game. The network of player interaction is varied between a regular lattice and a random network allowing us to model contagion in small world networks. Weighting times for an equilibrium shift from the risk dominated to risk dominant equilibrium are shown to be smallest in small world networks.

Item Type: Article
Subjects: H Social Sciences > HB Economic Theory
Divisions: Faculties > Social Sciences > School of Economics
Depositing User: Edward Cartwright
Date Deposited: 24 Jul 2008 08:42
Last Modified: 30 Jan 2015 08:01
Resource URI: https://kar.kent.ac.uk/id/eprint/3771 (The current URI for this page, for reference purposes)
  • Depositors only (login required):