Operations Research Transactions ›› 2012, Vol. 16 ›› Issue (4): 1-10.
• Original Articles • Next Articles
LI Kang1 GAO Hongwei1 SONG Li1 HU Ping1 WANG Kun1 CHEN Chunrui1
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Abstract: In the context of endogenous network formation, we study local strategic interaction among players within 2-neighborhood. We characterize the equilibrium networks and describe the impact of the link cost on the equilibrium networks and the impact of interaction radius. We illustrate and complement the analytical results by NetLogo simulation program, and the simulation results illustrate that the dynamics of the network formation plays an important role in the equilibrium outcomes. The results of this paper are helpful to solve the interactions in social economics and networks.
Key words: endogenous network formation, 2-neighborhood, local strategic interaction, NetLogo simulation program
CLC Number:
O225
LI Kang, GAO Hongwei, SONG Li, HU Ping, WANG Kun, CHEN Chunrui. Local strategic interaction in 2-neighborhood on the endogenous network and its simulations[J]. Operations Research Transactions, 2012, 16(4): 1-10.
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