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Behavioral experiments on a network formation game

Published: 04 June 2012 Publication History

Abstract

We report on an extensive series of behavioral experiments in which 36 human subjects collectively build a communication network over which they must solve a competitive coordination task for monetary compensation. There is a cost for creating network links, thus creating a tension between link expenditures and collective and individual incentives. Our most striking finding is the poor performance of the subjects, especially compared to our long series of prior experiments. We demonstrate that the subjects built difficult networks for the coordination task, and compare the structural properties of the built networks to standard generative models of social networks. We also provide extensive analysis of the individual and collective behavior of the subjects, including free riding and factors influencing edge purchasing decisions.

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        cover image ACM Conferences
        EC '12: Proceedings of the 13th ACM Conference on Electronic Commerce
        June 2012
        1016 pages
        ISBN:9781450314152
        DOI:10.1145/2229012
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        Published: 04 June 2012

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        Author Tags

        1. game theory
        2. network formation
        3. social networks

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        EC '12
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        EC '12: ACM Conference on Electronic Commerce
        June 4 - 8, 2012
        Valencia, Spain

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        Overall Acceptance Rate 664 of 2,389 submissions, 28%

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        • (2023)Understanding Clique Formation in Social Networks - An Agent-Based Model of Social Preferences in Fixed and Dynamic NetworksSocial, Cultural, and Behavioral Modeling10.1007/978-3-031-43129-6_23(231-240)Online publication date: 16-Sep-2023
        • (2022)Computerized agents versus human agents in finding core coalition in glove gamesSIMULATION10.1177/00375497221093652(003754972210936)Online publication date: 8-May-2022
        • (2021)Human-agent coordination in a group formation gameScientific Reports10.1038/s41598-021-90123-811:1Online publication date: 24-May-2021
        • (2021)Free neighborhood choice boosts socially optimal outcomes in stag-hunt coordination problemScientific Reports10.1038/s41598-021-87019-y11:1Online publication date: 8-Apr-2021
        • (2020)Data analysis and modeling pipelines for controlled networked social science experimentsPLOS ONE10.1371/journal.pone.024245315:11(e0242453)Online publication date: 24-Nov-2020
        • (2020)Adaptive social networks promote the wisdom of crowdsProceedings of the National Academy of Sciences10.1073/pnas.1917687117117:21(11379-11386)Online publication date: 11-May-2020
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