Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/98566 
Year of Publication: 
2011
Citation: 
[Journal:] Games [ISSN:] 2073-4336 [Volume:] 2 [Issue:] 1 [Publisher:] MDPI [Place:] Basel [Year:] 2011 [Pages:] 87-113
Publisher: 
MDPI, Basel
Abstract: 
A new model of strategic networking is developed and analyzed, where an agent's investment in links is nonspecific. The model comprises a large class of games which are both potential and super- or submodular games. We obtain comparative statics results for Nash equilibria with respect to investment costs for supermodular as well as submodular networking games. We also study supermodular games with potentials. We find that the set of potential maximizers forms a sublattice of the lattice of Nash equilibria and derive comparative statics results for the smallest and the largest potential maximizer. Finally, we provide a broad spectrum of applications from social interaction to industrial organization.
Subjects: 
social networks
local interaction games
nonspecific networking
Persistent Identifier of the first edition: 
Creative Commons License: 
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Document Type: 
Article
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