Who should be my friends? Social balance from the perspective of game theory.



Van Der Hoek, Wiebe, Kuijer, LB ORCID: 0000-0001-6696-9023 and Wang, Yi
(2019) Who should be my friends? Social balance from the perspective of game theory. In: International Conference on Logic, Rationality and Interaction, Chongqing, China.

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Abstract

We define balance games, which describe the formation of friendships and enmity in social networks. We show that if the agents give high priority to future profits over short term gains, all Pareto optimal strategies will eventually result in a balanced network. If, on the other hand, agents prioritize short term gains over the long term, every Nash equilibrium eventually results in a network that is stable but that might not be balanced.

Item Type: Conference or Workshop Item (Unspecified)
Depositing User: Symplectic Admin
Date Deposited: 30 Jul 2019 09:44
Last Modified: 19 Jan 2023 00:36
DOI: 10.1007/978-3-662-60292-8_27
Related URLs:
URI: https://livrepository.liverpool.ac.uk/id/eprint/3050603