We consider a finite population of agents who exchange information and are paired every period to play a game with tension between risk dominance and Pareto efficiency. Agents sample past plays and corresponding payoffs from their information neighborhood, and choose one of two possible actions using either best response or imitation. Information exchanges and possible matchings each constitute...

In this paper we examine the role played by different type of spillovers in network formation. More precisely, we study non-cooperative network formation in directed networks where the payoff of a player depends on the number of links she forms as well as, either on the total number of links formed by all other players, or the total number of links formed by her immediate neighbors. The first t...

We design a laboratory experiment to investigate two-sided link formation in a setting where payo s are heterogeneous and depend on direct links only. Our link formation rule is decentralized and players can make link o ers and counter-o ers, as in a Beckerian marriage market. The game is designed in such a way that if participants play a myopic payo -maximizing best response, it leads to an un...

This paper examines the steady states of an overlapping generations economy with a given distribution of household locations over a one-dimensional interval. Parents decide whether or not to educate their children. Educational decisions are affected by location: There are local complementarities in investment incentives stemming from aspirations formation, learning spillovers, or local public g...

In this paper we present a methodology of model-based calibration additional capital needed in an interconnected financial system to minimize potential contagion losses. Building on ideas from combinatorial optimization tailored controlling case complete information about interbank network, augment the model with three plausible types fire sale mechanisms. We then demonstrate power euro area ba...

Directing protein and energy sources towards lactation is crucial to optimise milk production in sows but how this influences colostrum yield (CY) remains unknown. The aim of this study was to identify associations between CY and the sow's use of nutrient resources. We included 37 sows in the study that were all housed, fed and managed similarly. Parity, back fat change (ΔBF), CY and performanc...

A stable government is by definition not dominated by any other government. However, it may happen that all governments are dominated. In graph-theoretic terms this means that the dominance graph does not possess a source. In this paper we are able to deal with this case by a clever combination of notions from different fields, such as relational algebra, graph theory and social choice theory, ...

Capping of contaminated soft sediments and sludges for in situ containment provides an efficient remediation alternative. Capping design typically involves the use of geosynthetics for multiple functions, e.g., reinforcement, separation, and filtration. Filtration performance becomes a decisive factor for proper long-term performance of a cap. Because of multiple functions required, woven geote...

This paper brings together analyses of two-way flow Strict Nash networks under exclusive player heterogeneity assumption and exclusive partner heterogeneity assumption. This is achieved through examining how the interactions between these two assumptions influence important properties of Strict Nash networks. Built upon the findings of Billand et al (2011) and Galleotti et al (2006), which assu...