which they usually take different positions. Two examples of such structures are communication networks and hierarchies. In … feasible sets in communication networks and compare them with feasible sets arising from hierarchies. …

We study cooperative games with communication structure, represented by an undirected graph. Players in the game are … complete communication structure, then the proposed solution coincides with the Shapley value, and that if the game has a cycle …-free communication structure, it is the solution proposed by Herings, van der Laan and Talman (2008). We introduce the notion of link …

regulation, banking supervisors should now focus on the externalities that caused the amplification of the shock and use that … externalities. The character and timing of future shocks are unpredictable, but contagion in the propagation mechanisms should be …