Elbittar, Alexander; Harrison, Rodrigo; Muñoz, Roberto - Centro de Investigación y Docencia Económicas (CIDE) - 2007
Network formation is frequently modeled using link-formation games and typically present a multiplicity of Nash equilibria. Cooperative refinements —such as strong or coalitional proof Nash equilibria— have been the standard tool used for equilibrium selection in these games. Non-cooperative...