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Games, Volume 12, Issue 3

September 2021 - 20 articles

Cover Story: Players of a game decide with whom to establish a costly connection and how much local public good whose benefits are shared among neighbors to provide. The game is a potential game, even when players are heterogeneous along several dimensions. The stochastic best reply dynamics admits a unique and stationary steady state distribution expressed in terms of the potential function of the game. Hence, even if the set of Nash equilibria is potentially very large, the long run predictions are sharp and well-suited for structural empirical analysis. View this paper
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Articles (20)

  • Article
  • Open Access
1 Citations
3,166 Views
14 Pages

Additively Separable Hedonic Games with Social Context

  • Gianpiero Monaco,
  • Luca Moscardelli and
  • Yllka Velaj

18 September 2021

In hedonic games, coalitions are created as a result of the strategic interaction of independent players. In particular, in additively separable hedonic games, every player has valuations for all other ones, and the utility for belonging to a coaliti...

  • Article
  • Open Access
20 Citations
5,104 Views
14 Pages

Green Innovation and Competition: R&D Incentives in a Circular Economy

  • Giovanna Bimonte,
  • Maria Grazia Romano and
  • Maria Russolillo

16 September 2021

The present paper provides theoretical insights regarding the determinants of firms’ incentives to invest in a Circular Economy. The analysis relies on a Cournot model disaggregating the disposal cost in the production function. In a non-simultaneous...

  • Article
  • Open Access
10 Citations
7,628 Views
20 Pages

16 September 2021

In simple dyadic games such as rock, paper, scissors (RPS), people exhibit peculiar sequential dependencies across repeated interactions with a stable opponent. These regularities seem to arise from a mutually adversarial process of trying to outwit...

  • Article
  • Open Access
6 Citations
4,178 Views
17 Pages

15 September 2021

While the ontogeny of prosociality during infancy, childhood, and adolescence has received substantial attention over the last decades, little is known about how prosocial preferences develop beyond emerging adulthood. Recent evidence suggests that t...

  • Article
  • Open Access
20 Citations
7,759 Views
16 Pages

Trusting the Trust Game: An External Validity Analysis with a UK Representative Sample

  • Sanchayan Banerjee,
  • Matteo M. Galizzi and
  • Rafael Hortala-Vallve

3 September 2021

Using a nationally representative sample of 1052 respondents from the United Kingdom, we systematically tested the associations between the experimental trust game and a range of popular self-reported measures for trust, such as the General Social Su...

  • Article
  • Open Access
3,406 Views
21 Pages

Cooperative Game for Fish Harvesting and Pollution Control

  • Mouhamadou Samsidy Goudiaby,
  • Ben Mansour Dia,
  • Mamadou L. Diagne and
  • Hamidou Tembine

19 August 2021

This paper studies fishery strategies in lakes, seas, and shallow rivers subject to agricultural and industrial pollution. The flowing pollutants are modeled by a nonlinear differential equation in a general manner. The logistic growth model for the...

  • Article
  • Open Access
3 Citations
3,835 Views
20 Pages

Invitation Games: An Experimental Approach to Coalition Formation

  • Takaaki Abe,
  • Yukihiko Funaki and
  • Taro Shinoda

17 August 2021

This paper studies how to form an efficient coalition—a group of people. More specifically, we compare two mechanisms for forming a coalition by running a laboratory experiment and reveal which mechanism leads to higher social surplus. In one setting...

  • Article
  • Open Access
4 Citations
3,818 Views
23 Pages

1 August 2021

Experiments using the public goods game have repeatedly shown that in cooperative social environments, punishment makes cooperation flourish, and withholding punishment makes cooperation collapse. In less cooperative social environments, where antiso...

  • Article
  • Open Access
5 Citations
3,564 Views
34 Pages

31 July 2021

We consider a demand management problem in an energy community, in which several users obtain energy from an external organization such as an energy company and pay for the energy according to pre-specified prices that consist of a time-dependent pri...

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Games - ISSN 2073-4336