0000000000190539

AUTHOR

Manuel Muñoz-herrera

showing 3 related works from this author

Conflict and segregation in networks: An experiment on the interplay between individual preferences and social influence

2016

We examine the interplay between a person's individual preference and the social influence others exert. We provide a model of network relationships with conflicting preferences, where individuals are better off coordinating with those around them, but where not all have a preference for the same action. We test our model in an experiment, varying the level of conflicting preferences between individuals. Our findings suggest that preferences are more salient than social influence, under conflicting preferences: subjects relate mainly with others who have the same preferences. This leads to two undesirable outcomes: network segregation and social inefficiency. The same force that helps peopl…

Statistics and Probability0209 industrial biotechnology021103 operations researchApplied Mathematicsjel:D85jel:C72jel:D820211 other engineering and technologiesjel:C6202 engineering and technologyEconomiaHeterogeneity Social Networks Formation Equilibrium selectionPreferenceTest (assessment)020901 industrial engineering & automationAction (philosophy)SalientEquilibrium selectionModeling and SimulationEconomicsInefficiencySocial psychologySocial influenceJournal of Dynamics and Games
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Heterogeneous network games: Conflicting preferences

2013

Proceeding at: 2nd Annual UECE Lisbon Meeting: Game Theory and Applications, took place 2010, November, 4-6, in Lisbon (Portugal). The event Web site http://pascal.iseg.utl.pt/~uece/lisbonmeetings2010/ In many economic situations, a player pursues coordination or anti-coordination with her neighbors on a network, but she also has intrinsic preferences among the available options. We here introduce a model which allows to analyze this issue by means of a simple framework in which players endowed with an idiosyncratic identity interact on a social network through strategic complements or substitutes. We classify the possible types of Nash equilibria under complete information, finding two thr…

TheoryofComputation_MISCELLANEOUSComputer Science::Computer Science and Game Theoryjel:Z13Economics and EconometricsMatemáticasjel:D85Heterogeneity Networks Nash Equilibrium StabilitySocial networksjel:D03MicroeconomicsCOMPLEMENTARITIESsymbols.namesakeBayesian gameEconomicsCoordination gameStrategic complementsjel:C72ComputingMilieux_PERSONALCOMPUTINGTheoryofComputation_GENERALNetwork formationNash equilibriumEquilibrium selectionBest responsejel:L14Bayesian equilibriumsymbolsHeterogeneityEpsilon-equilibriumMathematical economicsFinanceIncomplete informationGames and Economic Behavior
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Equilibrium characterization of networks under conflicting preferences

2017

In this work we characterize equilibrium introduced in configurations for networks with conflicting preferences. We use the model Hernandez et al. (2013) to study the effect of three main factors: the strength of individual preferences, the level of integration in the network, and the intensity of conflict in the population. Our aim is to understand how likely is it that social outcomes are either those in which preferences dominate choices or those in which some individuals sacrifice their preferences to achieve consensus with others. Our results show that, the stronger individual preferences, the harder to achieve consensus in choices. However, in cases where the payoff ratio is less extr…

Economics and Econometricseducation.field_of_study05 social sciencesStochastic gamePopulationCharacterization (mathematics)MicroeconomicsWork (electrical)0502 economics and businessEconomicsCoordination game050207 economicseducationFinance050205 econometrics Economics Letters
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