Game Equilibria and Transitional Dynamics in Networks with Homogenous Agents and Knowledge Externalities

Student: Utkina Aliona

Faculty: St.Petersburg School of Economics and Management

Educational Programme: Applied Economics and Mathematical Methods (Master)

Year of Graduation: 2019

In this paper, we consider the following problem – what affects the Nash equilibrium amount of investment in knowledge when some agents of the complete graph enter another full one. The solution of this problem will allow us to understand exactly how game agents will behave when deciding whether to enter the other net, what conditions and externalities affect it and how the level of future equilibrium amount of investments in knowledge can be predicted. Keywords: network; network game; Nash equilibrium; externality; productivity; innovation cluster.

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