Network-mediated strategic behavior with feedback. Reputation+resources vs relative performance concerns. Both show strategic interdependencies through network links.
Individual behaviors shape reputation through social norms while simultaneously affecting collective resource levels. Environmental changes alter payoff structures, creating feedback between strategic behavior and resource dynamics. Reputation-based cooperation interacts with ecological constraints - cooperative behaviors deplete or enhance shared resources, which then reshape the incentives for future cooperation.
view paper→Agents care about their performance relative to connected peers. Relative performance concerns create strategic interdependencies through network links. Risk-taking behavior adjusts based on peer comparisons. Network topology determines how competitive pressures propagate. This peer comparison mechanism affects equilibrium asset prices through aggregated strategic adjustments.
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