The results of different social and economic situations are determined by the way in which agents interact among them. Examples include provision of public goods, voting, gathering and spreading of information, consuming decisions, investment decisions on development and research, etc. In all these examples, agent decisions are influenced by the choices of their connections. Formally, this type of interactions can be modelled as a network game in which the graph nodes represent the players and the links represent economic or social relations among different players.
In this talk, an overview of the main models of network games are presented. Empirical applications will be analyzed.
Time permitting, we will discuss price competition in networked markets.