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Coordination Always Occurs in a Two-Strategy Pure-Coordination Logit Game on Scale-Free Networks

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DOI: 10.4236/tel.2015.54066    2,116 Downloads   2,393 Views   Citations
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ABSTRACT

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.

Conflicts of Interest

The authors declare no conflicts of interest.

Cite this paper

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.

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