Showing 1 - 10 of 273
We examine the formation of networks among a set of players whose payoffs depend on the structure of the network. We … variations of the transfer/bargaining aspect of link formation. One aspect is whether players can only make and receive transfers … links. We characterize the networks that are supported under these variations and show how each of the above aspects is …
Persistent link: https://www.econbiz.de/10011603119
This paper studies the payoff structure of stable cooperation structures in link formation games. Players choose non …-cooperatively with whom they want to form a link, and the payoffs are given by the Myerson value of the cooperation structure obtained …. We characterize the class of TU-games that ensure the stability of the full cooperation structure, which turns out to be …
Persistent link: https://www.econbiz.de/10011596618
alternative network structures (not just sub-networks) can and should influence the allocation of value among players on any given …
Persistent link: https://www.econbiz.de/10011591365
the overlapping case. We propose a cover function bargaining game which allows the formation of overlapping coalitions at … symmetric case. As an application, we establish an interesting link with the formation of networks. -- Overlapping Coalitions … ; Cover Function ; Bargaining ; Symmetric Game ; Network …
Persistent link: https://www.econbiz.de/10008737140
We consider a standard coalitional bargaining game where once a coalition forms it exits as in Okada (2011), however … bargaining solution is the unique stationary subgameperfect equilibrium. …
Persistent link: https://www.econbiz.de/10011296159
We study the stability properties of organizations in partition function games, describing cooperative situations with externalities. An organization is defined as a group of agents, together with a set of bilateral relations, formally, a connected graph. Because of the presence of...
Persistent link: https://www.econbiz.de/10011597403
In a common value auction in which the information partitions of the bidders are connected, all rings are core-stable. More precisely, the ex ante expected utilities of rings, at the (noncooperative) sophisticated equilibrium proposed by Einy, Haimanko, Orzach and Sela (Journal of Mathematical...
Persistent link: https://www.econbiz.de/10008737094
of new members. This paper uses the leading model of majoritarian bargaining and shows that the paradox is predicted in … members were bargaining over a fixed budget. -- Majoritarian Bargaining ; Weighted Voting ; Power Measures ; EU Enlargement …
Persistent link: https://www.econbiz.de/10008747121
. -- Efficiency ; Bargaining Protocol ; Counterproposals ; Network Formation ; Transfers ; Externalities ; Groups ; Coalitions …
Persistent link: https://www.econbiz.de/10008780592
We study coalitional games where the proceeds from cooperation depend on the entire coalition structure. The coalition …
Persistent link: https://www.econbiz.de/10008823908