TEL> Vol.5 No.4, August 2015

Author(s)

Tomohiko Konno

Institute of Advanced Study, Waseda University, Tokyo, Japan.

We show that coordination always occurs in scale-free networks by social local interactions regardless of the values of parameters, while it occurs in regular networks if and only if the number of links times a payoff parameter exceeds the threshold. Scale-free networks are ubiquitous in the reality. We study a two-strategy pure coordination game on networks that indicate who plays with whom. A player chooses a strategy by Logit choice and the strategies are dynamically updated. Stable steady states are investigated.

Games on Networks, Scale-Free Networks, Coordination Games, Local Social Interaction, Strategy Diffusion, Network Heterogeneity

Konno, T. (2015) Coordination Always Occurs in a Two-Strategy Pure-Coordination Logit Game on Scale-Free Networks. Theoretical Economics Letters, 5, 561-570. doi: 10.4236/tel.2015.54066.