Who Should Be My Friends? Social Balance from the Perspective of Game Theory

van der Hoek, Wiebe, Kuijer, Louwe B ORCID: 0000-0001-6696-9023 and Wang, Yi N (2022) Who Should Be My Friends? Social Balance from the Perspective of Game Theory. JOURNAL OF LOGIC LANGUAGE AND INFORMATION, 31 (2). pp. 189-211.

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Official URL: http://dx.doi.org/10.1007/s10849-022-09356-z

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:	Article
Uncontrolled Keywords:	Structural balance theory, Game theory, Nash equilibrium, Pareto optimality
Divisions:	Faculty of Science and Engineering > School of Electrical Engineering, Electronics and Computer Science
Depositing User:	Symplectic Admin
Date Deposited:	06 Jun 2022 15:41
Last Modified:	23 Mar 2023 02:30
DOI:	10.1007/s10849-022-09356-z
Related URLs:	Author Publisher
URI:	https://livrepository.liverpool.ac.uk/id/eprint/3151837