Previous allocation rules for network games, such as the Myerson Value, implicitly or explicitly take the network … structure as fixed. In many situations, however, the network structure can be altered by players. This means that the value of … alternative network structures (not just sub-networks) can and should influence the allocation of value among players on any given …

In this paper we study the effects of institutional constraints on stability, efficiency and network formation. More … setting the part of the current network within each connected component of the cover is assumed to be common knowledge to all … players in that component. Based on this two-ingredient model, network and societal cover, we examine the impact of societal …

We study two n-player sequential network formation games with externalities. Link formation is tied to simultaneous …. -- Efficiency ; Bargaining Protocol ; Counterproposals ; Network Formation ; Transfers ; Externalities ; Groups ; Coalitions …

particular, if the linking costs are not too low and not too high, at least one such network is pairwise stable. Moreover, in … explanation for many core-periphery structures observed in real life social networks. -- Network Formation ; Heterogeneity …

Two project leaders (or entrepreneurs) in a network, which captures social relations, recruit players in a strategic … selects one equilibrium at a time. An agent's expected payoff is related to his position in the network, though no centrality …