title: An Extended N-Player Network Game and Simulation of Four Investment Strategies on a Complex Innovation Network.
abstract: As computer science and complex network theory develop, non-cooperative games and their formation and application on complex networks have been important research topics. In the inter-firm innovation network, it is a typical game behavior for firms to invest in their alliance partners. Accounting for the possibility that firms can be resource constrained, this paper analyzes a coordination game using the Nash bargaining solution as allocation rules between firms in an inter-firm innovation network. We build an extended inter-firm n-player game based on nonidealized conditions, describe four investment strategies and simulate the strategies on an inter-firm innovation network in order to compare their performance. By analyzing the results of our experiments, we find that our proposed greedy strategy is the best-performing in most situations. We hope this study provides a theoretical insight into how firms make investment decisions.
authors.affiliation: School of Computer Engineering and Science, Shanghai University, Shanghai, China.|Kellogg School of Management, Northwestern Institute on Complex Systems (NICO), Northwestern University, Evanston, Illinois, United States of America.
authors.forename: Wen
authors.initials: W
authors.lastname: Zhou
authors.affiliation: Research Institute of Industrial Economics (IFN), Stockholm, Sweden.
authors.forename: Nikita
authors.initials: N
authors.lastname: Koptyug
authors.affiliation: School of Computer Engineering and Science, Shanghai University, Shanghai, China.
authors.forename: Shutao
authors.initials: S
authors.lastname: Ye
authors.affiliation: School of Computer Engineering and Science, Shanghai University, Shanghai, China.
authors.forename: Yifan
authors.initials: Y
authors.lastname: Jia
authors.affiliation: School of Computer Engineering and Science, Shanghai University, Shanghai, China.
authors.forename: Xiaolong
authors.initials: X
authors.lastname: Lu
mesh_terms: D000465:Algorithms; D003299:Cooperative Behavior; D005716:Game Theory; D007449:Investments