Clusters have already been extensively shown to favor firm-level economic performance (productivity, exports …, innovation etc.). However, little is known about the capacity of firms in clusters to resist economic shocks. In this paper, we … analyze whether firms that agglomerate in clusters and firms that have been selected to benefit from the \competitiveness …

his coalition. To predict the coalitional networks that are going to emerge at equiibrium we propose the concept of …

We propose a new concept, the pairwise farsightedly stable set, in order to predict which networks may be formed among … farsighted players. A set of networks G is pairwise farsightedly stable (i) if all possible pairwise deviations from any network … full characterization of unique pairwise farsightedly stable sets of networks. Contrary to other pairwise concepts …

We study the endogenous formation of networks between manufacturers of differentiated goods and multi-product retailers … manufacturer and a retailer. We find that only three distribution networks are stable for particular values of the degree of … the distribution networks that maximize social welfare are not necessarily stable. Thus, a conflict between stability and …