scholarly journals Community Structure and Market Outcomes: A Repeated Games in Networks Approach

Author(s):  
Itay Perah Fainmesser
2012 ◽  
Vol 4 (1) ◽  
pp. 32-69 ◽  
Author(s):  
Itay P Fainmesser

Consider a large market with asymmetric information, in which sellers have the option to “cheat” their buyers, and buyers decide whether to repurchase from different sellers. We model active trade relationships as links in a buyer-seller network and study repeated games in such networks. Endowing sellers with incomplete knowledge of the network, we derive conditions that determine whether a network is consistent with cooperation between every buyer and seller that are connected. Three network features reduce the minimal discount factor sufficient for cooperation: moderate and balanced competition, sparseness, and segregation. Incentive constraints are binding and rule out efficient networks. (JEL C73, D82, D85, Z13)


2018 ◽  
Vol 6 (2) ◽  
pp. 251-264
Author(s):  
BARRY COOPER ◽  
ANDREW E. M. LEWIS-PYE ◽  
ANGSHENG LI ◽  
YICHENG PAN ◽  
XI YONG

AbstractPrisoner's Dilemma (PD) games have become a well-established paradigm for studying the mechanisms by which cooperative behavior may evolve in societies consisting of selfish individuals. Recent research has focused on the effect of spatial and connectivity structure in promoting the emergence of cooperation in scenarios where individuals play games with their neighbors, using simple “memoryless” rules to decide their choice of strategy in repeated games. While heterogeneity and structural features such as clustering have been seen to lead to reasonable levels of cooperation in very restricted settings, no conditions on network structure have been established, which robustly ensure the emergence of cooperation in a manner that is not overly sensitive to parameters such as network size, average degree, or the initial proportion of cooperating individuals. Here, we consider a natural random network model, with parameters that allow us to vary the level of “community” structure in the network, as well as the number of high degree hub nodes. We investigate the effect of varying these structural features and show that, for appropriate choices of these parameters, cooperative behavior does now emerge in a truly robust fashion and to a previously unprecedented degree. The implication is that cooperation (as modelled here by PD games) can become the social norm in societal structures divided into smaller communities, and in which hub nodes provide the majority of inter-community connections.


SIMBIOSA ◽  
2014 ◽  
Vol 3 (2) ◽  
Author(s):  
Notowinarto Notowinarto ◽  
Ramses Ramses ◽  
Mulhairi Mulhairi

Bulang districts Batam Islands of  Riau province (Riau Islands), its consists of many islands with as well as having the potential diversity of coastal marine life in particular kinds of macro algae or seaweed. Conducted research aimed to determine the structure of macro- algal communities in the intertidal zone islands. The results of the identification of algal species found 16 species are: the Order of Chlorophyceae as 6 spesies; Order Phaeophyceae as 2 spesies; and Order Rhodophyceae as 8 spesies. The community structure at the five stations showed the highest values were found in the island of dominance Cicir (D ' = 0.79) , uniformity index values on Tengah Island (E ' = 0.99) , while the island Balak had the highest diversity index (H ' = 0.88) , with the abundance patterns of population structure on the island is pretty good Central . Results of correlation analysis of regression between IVI types of algae with the conditions of environmental quality suggests that there is a significance (Fhit ˃ F table and the value of r = > 90 %) between IVI algae Halimeda sp and Cryptarachne polyglandulosa at each station with a temperature parameter surface (⁰C) , depth temperature (⁰C) and pH values. Keywords : Algae, Community Structure, Important Value Index.


2018 ◽  
Vol 81 (2) ◽  
pp. 109-124 ◽  
Author(s):  
JL Pinckney ◽  
C Tomas ◽  
DI Greenfield ◽  
K Reale-Munroe ◽  
B Castillo ◽  
...  

2014 ◽  
Vol 73 (1) ◽  
pp. 51-67 ◽  
Author(s):  
A Jain ◽  
M Bandekar ◽  
J Gomes ◽  
D Shenoy ◽  
RM Meena ◽  
...  

2020 ◽  
Vol 640 ◽  
pp. 79-105
Author(s):  
ET Porter ◽  
E Robins ◽  
S Davis ◽  
R Lacouture ◽  
JC Cornwell

Anthropogenic disturbances in the Chesapeake Bay (USA) have depleted eastern oyster Crassostrea virginica abundance and altered the estuary’s environment and water quality. Efforts to rehabilitate oyster populations are underway; however, the effect of oyster biodeposits on water quality and plankton community structure are not clear. In July 2017, we used 6 shear turbulence resuspension mesocosms (STURMs) to determine differences in plankton composition with and without the daily addition of oyster biodeposits to a muddy sediment bottom. STURM systems had a volume-weighted root mean square turbulent velocity of 1.08 cm s-1, energy dissipation rate of ~0.08 cm2 s-3, and bottom shear stress of ~0.36-0.51 Pa during mixing-on periods during 4 wk of tidal resuspension. Phytoplankton increased their chlorophyll a content in their cells in response to low light in tanks with biodeposits. The diatom Skeletonema costatum bloomed and had significantly longer chains in tanks without biodeposits. These tanks also had significantly lower concentrations of total suspended solids, zooplankton carbon, and nitrite +nitrate, and higher phytoplankton carbon concentrations. Results suggest that the absence of biodeposit resuspension initiates nitrogen uptake for diatom reproduction, increasing the cell densities of S. costatum. The low abundance of the zooplankton population in non-biodeposit tanks suggests an inability of zooplankton to graze on S. costatum and negative effects of S. costatum on zooplankton. A high abundance of the copepod Acartia tonsa in biodeposit tanks may have reduced S. costatum chain length. Oyster biodeposit addition and resuspension efficiently transferred phytoplankton carbon to zooplankton carbon, thus supporting the food web in the estuary.


2019 ◽  
Vol 609 ◽  
pp. 33-48 ◽  
Author(s):  
RP Lyon ◽  
DB Eggleston ◽  
DR Bohnenstiehl ◽  
CA Layman ◽  
SW Ricci ◽  
...  

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