The Strategic Exploitation of Limited Information and Opportunity in Networked Markets
This paper studies the effect of constraining interactions within a market. A model is analysed in which boundedly rational agents trade with and gather information from their neighbours within a trade network. It is demonstrated that a trader's ability to profit and to identify the equilibrium...
Main Authors: | , |
---|---|
Format: | Article |
Language: | English |
Published: |
2008.
|
Subjects: | |
Online Access: | Get fulltext |