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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 …
Persistent link: https://www.econbiz.de/10008780592
This paper studies a noncooperative model of network formation. Built upon the two-way flow model of Bala and Goyal …
Persistent link: https://www.econbiz.de/10011558335
A local public-good game played on directed networks is analyzed. The model is motivated by one-way flows of hydrological influence between cities of a river basin that may shape the level of their contribution to the conservation of wetlands. It is shown that in many (but not all) directed...
Persistent link: https://www.econbiz.de/10008747649
restricted through a network of existing relationships and traders bargain over the division of available gains from trade along … point of a set of intuitive value function equations and study efficiency and the relationship between network structure and … ; Middlemen ; Network …
Persistent link: https://www.econbiz.de/10009565541
Most literature in strategic network formation shows that there is a substantial tension between stability and … (2000a) and De Jaegher and Kamphorst (2015). Specifically, I show that every link receiver in a Nash network serves as an …
Persistent link: https://www.econbiz.de/10013254442
Persistent link: https://www.econbiz.de/10012643116
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 …
Persistent link: https://www.econbiz.de/10008810996
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 …
Persistent link: https://www.econbiz.de/10008811012
Persistent link: https://www.econbiz.de/10012308115
Climate change has inspired the interest of the academic community in the most diverse areas of knowledge. This study tests and revisits the environmental Kuznets curve assumptions for Portugal. The econometric strategy used in this research is time series (ARIMA model, OLS estimator, ARCH...
Persistent link: https://www.econbiz.de/10011824180