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present. I do so by extending the two-way flow network with small decay of De Jaegher and Kamphorst (J ECON BEHAV ORGAN, 2015 …
Persistent link: https://www.econbiz.de/10012052280
We examine the formation of networks among a set of players whose payoffs depend on the structure of the network. We … network or only on the link itself. A final aspect is whether or not players can pay other players to refrain from forming … related either to accounting for a specific type of externality, or to dealing with the combinatorial nature of network …
Persistent link: https://www.econbiz.de/10011603119
different predictions for the equilibrium network. Furthermore, the influence of the subjects' farsightedness on their decision …
Persistent link: https://www.econbiz.de/10011660635
The paper examines the formation of free trade agreements (FTAs) as a network formation game. We consider a general n … all countries are symmetric, a complete global free trade network is pairwise stable and it is the unique stable network …
Persistent link: https://www.econbiz.de/10011591686
, I provide a proposition that generalizes the results of these two models by stating that: (i) Strict Nash network … network as in Billand et al (2011). This proposition requires that a certain restriction on link formation cost (called …
Persistent link: https://www.econbiz.de/10010518019
We introduce a noncooperative multilateral bargaining model for a network-restricted environment, in which players can … their communication links with upfront transfers. The main theorem characterizes a condition on network structures for … efficient equilibria and shows the prevalence of strategic delays. If the underlying network is either complete or circular …
Persistent link: https://www.econbiz.de/10011279698
are determined by a precise relationship between the lowest eigenvalue of the network, a measure of players' payoff … study of aggregative network games, games of mixed interactions, and Bayesian network games. …
Persistent link: https://www.econbiz.de/10011794635
Recent research in the field of network economics has shown how explicitly modelling the network structure of social … empirical evidence. Despite their critical importance to many environmental problems, network structures and dynamics have been …
Persistent link: https://www.econbiz.de/10010238354
Persistent link: https://www.econbiz.de/10001867629
; Cover Function ; Bargaining ; Symmetric Game ; Network …
Persistent link: https://www.econbiz.de/10008737140