Discovered paper pair (Session 38). Detailed explanation not available.
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.
view paper→Network-mediated observation bias creates systematic misperception in strategic reasoning. Agents observe only network-local sample biased by position (algorithmic ranking, homophily), not global population. Locality parameter controls observation bias magnitude, creating distorted beliefs about opponent sophistication that drive strategic escalation beyond what accurate global information would produce.
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