The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Graphical Games

  • Michael Kearns
Reference work entry


Graphical games and related models provide network or graph-theoretic means of succinctly representing strategic interaction among a large population of players. Such models can often have significant algorithmic benefits, as in the NashProp algorithm for computing equilibria. In addition, several studies have established relationships between the topological structure of the underlying network and properties of various outcomes. These include a close relationship between the correlated equilibria of a graphical game and Markov network models for their representation, results establishing when evolutionary stable strategies are preserved in a network setting, and a precise combinatorial characterization of wealth variation in a simple bipartite exchange economy.


Computation of Equilibria Correlated Equilibrium Dynamic Programming Evolutionary Game Theory Evolutionary Stable Strategies Exchange Economies Graphical Economics Graphical Games Network Structure 

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© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • Michael Kearns
    • 1
  1. 1.