It is widely recognized that the shape of networks influences both individual and aggregate behavior. This raises the … question which types of networks are likely to arise. Our paper fits into the literature that addresses this question. The … groups. In this paper we give a full characterization of the networks induced by a minimal curb set for any number of groups …

bargaining approach to resolve queueing conflicts. Given a situation where players with different waiting costs have to form a …

. Two well-known network structures are hierarchies and communication networks. We give an overview of the most common …

This paper studies the relation between optimal dam capacity and water management under rivalry uses and externalities …-linear building cost of dam capacity and externalities in a welfare optimization model. We obtain the optimal dam capacity for multi …

robust features of equilibrium networks. We find that in a society with many groups, where it is cheaper to connect within …

agents can compensate each other by paying monetary transfers. Every water allocation and transfer schedule yields a welfare … satiable agents, i.e., the benefit function is decreasing beyond some satiation point. In such situations externalities appear … has an increasing benefit function (no externalities) then every weighted hierarchical solution is core-stable. In case of …

general games. As a direct translation of the balanced cost reduction property, the axiom of balanced externalities for … possible to the idea behind balanced externalities, we weaken this axiom by requiring that every player's payoff is the same … fraction of its total externality inflicted on the other players. This weakening, which we call weak balanced externalities …

costs of investment and all players learn whether the project is of good or bad quality. Informational externalities create …