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 …

objectives here are to model the structure and strategy of interactions prevailing at any point in time as a directed network and … to address the following open question in the theory of social and economic network formation: given the rules of network … networks, and the trembles of nature, what network and coalitional dynamics are likely to emerge and persist. Our main …

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 …

emerge at equilibrium. We define the notion of coalitional network to represent a network and a coalition structure, where … the network specifies the nature of the relationship each individual has with his coalition members and with individuals … contractual stability which requires that any change made to the coalitional network needs the consent of both the deviating …

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 …

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 …

that the completely connected network is stable, although, its exact structure, and thus contagion implications, is …

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. …