A limit theorem for systems of social interactions

B-Tier
Journal: Journal of Mathematical Economics
Year: 2009
Volume: 45
Issue: 9-10
Pages: 609-623

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

In this paper, we establish a convergence result for equilibria in systems of social interactions with many locally and globally interacting players. Assuming spacial homogeneity and that interactions between different agents are not too strong, we show that equilibria of systems with finitely many players converge to the unique equilibrium of a benchmark system with infinitely many agents. We prove convergence of individual actions and of average behavior. Our results also apply to a class of interaction games.

Technical Details

RePEc Handle
repec:eee:mateco:v:45:y:2009:i:9-10:p:609-623
Journal Field
Theory
Author Count
2
Added to Database
2026-01-29