Showing 1 - 10 of 15
Coalitional network games are real-valued functions defined on a set of players organized into a network and a coalition structure. We adopt a flexible approach assuming that players organize themselves the best way possible by forming the efficient coalitional network structure. We propose two...
Persistent link: https://www.econbiz.de/10010927690
I develop a model of stochastic costly signaling in the presence of exogenous imperfect information, and study whether equilibrium signaling decreases ('information substitutes') or increases ('information complements') if the accuracy of exogenous information increases. A stochastic pure costly...
Persistent link: https://www.econbiz.de/10010927722
Worldwide, but in particular in North America and Europe, the grid infrastructure managers are facing demands for reinvestments in new assets with higher on-grid and off-grid functionality in order to promote energy efficiency and low-carbon conversion of the energy sector. To meet societal...
Persistent link: https://www.econbiz.de/10010927726
outside her coalition. To predict the coalitional networks that are going to emerge at equilibrium we propose the concepts of …
Persistent link: https://www.econbiz.de/10010610449
important. Interestingly, the other possible stable networks all have the realistic property that some firms decide not to …, strong stability, which imposes networks to be immune to coalitional deviations. …
Persistent link: https://www.econbiz.de/10008550228
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 pairto a network outside G are deterred by the threat of ending worse off or equally …
Persistent link: https://www.econbiz.de/10005065469
outside his coalition. To predict the coalitional networks that are going to emerge at equilibrium we propose the concept of …
Persistent link: https://www.econbiz.de/10005042768
framework.Under single-homing there exists an interior equilibrium where networks exhibit asymmetric sizes and both firms enjoy …
Persistent link: https://www.econbiz.de/10005042863
I analyze a market where there is a homogeneous good, which quality is chosen, and therefore known, by a single producer. Consumers do not know the quality of the good but they use their acquaintances in order to obtain information about it. Information transmission exhibits decay and consumers...
Persistent link: https://www.econbiz.de/10005042872
We study the endogenous formation of networks between manufacturers of differentiated goods and multi-product retailers … manufacturer anda retailer. We find that only three distribution networks are stable for particular values of the degree of product … distribution networks that maximize social welfare are not necessarily stable. Thus, a conflict between stability and social …
Persistent link: https://www.econbiz.de/10005042887