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On Hierarchies and Communication
Brink, René van den - Tinbergen Instituut - 2006
This discussion paper resulted in a publication in 'Social Choice and Welfare', 2012, 39, 721-735. <P> Many economic organizations have some relational structure, meaning that economic agents do not only differ with respect to certain individual characteristics such as wealth and preferences, but...</p>
Persistent link: https://www.econbiz.de/10011256206
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Confirming Information Flows in Networks
Billand, Pascal; Bravard, Christophe; Kamphorst, Jurjen; … - Tinbergen Instituut - 2012
Social networks, be it on the internet or in real life, facilitate information flows. We model this by giving agents incentives to link with others and receive information through those links. In many networks agents will value confirmation of the information they receive from others. Our paper...
Persistent link: https://www.econbiz.de/10011255900
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Diffusion of Behavior in Network Games Orchestrated by Social Learning
Huang, Jia-Ping; Koster, Maurice; Lindner, Ines - Tinbergen Instituut - 2013
are connected according to an undirected graph, the social network, and have the choice between two actions: either to … network. (2) Average inclination governs collective adoption behavior. (3) Initial inclinations determine the critical mass of … network and other parameters. Given the complexity of the system we use a standard technique for estimating the solution. …
Persistent link: https://www.econbiz.de/10011256157
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One-way Flow Networks: the Role of Heterogeneity
Galeotti, Andrea - Tinbergen Instituut - 2004
network. Interestingly, unconnected equilibria are asymmetric and central players may emerge. Second, I show that non …
Persistent link: https://www.econbiz.de/10011256410
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Two-way Flow Networks with Small Decay
Jaegher, K. De; Kamphorst, J.J.A. - Tinbergen Instituut - 2010
</I>.<P> This paper characterizes the set of equilibrium networks in the two-way flow model of network formation with small decay …
Persistent link: https://www.econbiz.de/10011256446
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Exploitation and Cooperation in Networks
Galeotti, Andrea; Meléndez, Miguel - Tinbergen Instituut - 2004
that the individual's incentives depend on the architecture of the network as well as on the position of the individual … within the network. In particular, when an efficient interaction requires players to mutually cooperate, efficient social …
Persistent link: https://www.econbiz.de/10011257046
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Consistency, Monotonicity and Implementation of Egalitarian Shapley Values
Brink, René van den; Funaki, Yukihiko; Ju, Yuan - Tinbergen Instituut - 2007
One of the main issues in economics is the trade-off between marginalism and egalitarianism. In the context of cooperative games this trade-off can be framed as one of choosing to allocate according to the Shapley value or the equal division solution. In this paper we provide tools that make it...
Persistent link: https://www.econbiz.de/10011255779
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Capacity Choice of Dams under Rivalry Use and Externalities
Houba, Harold; Do, Kim Hang Pham; Zhu, Xueqin - Tinbergen Instituut - 2014
This paper studies the relation between optimal dam capacity and water management under rivalry uses and externalities. We extend the hydropower generation model, based on Haddad (2011), by including the competing use of water resource, non-linear building cost of dam capacity and externalities...
Persistent link: https://www.econbiz.de/10011257002
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Axiomatization and Implementation of Discounted Shapley Values
Brink, Rene van den; Funaki, Yukihiko - Tinbergen Instituut - 2010
We generalize the null player property (satisfied by the Shapley value) and nullifying player property (satisfied by the equal division solution) to the so-called delta-reducing player property, stating that a delta-reducing player (being a player such that any coalition containing this player...
Persistent link: https://www.econbiz.de/10011257081
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A Strategic Implementation of the Average Tree Solution for Cycle-Free Graph Games
Brink, Rene van den; Laan, Gerard van der; Moes, Nigel - Tinbergen Instituut - 2012
This discussion paper led to a publication in the 'Journal of Economic Theory', 2014, 148, 2737-2748.<P> In this note we provide a strategic implementation of the average tree solution for zero-monotonic cycle-free graph games. That is, we propose a non-cooperative mechanism of which the unique...</p>
Persistent link: https://www.econbiz.de/10011257390