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network formation. While the physics/applied mathematics approach is capable of reproducing most observed networks, it does …
Persistent link: https://www.econbiz.de/10008558948
network formation. While the physics/applied mathematics approach is capable of reproducing most observed networks, it does …
Persistent link: https://www.econbiz.de/10008502564
network formation. While the physics/applied mathematics approach is capable of reproducing most observed networks, it does …
Persistent link: https://www.econbiz.de/10008557014
This paper extends the theory of endogenous coalition formation, with complete information and transferable utility, to the overlapping case. We propose a cover function bargaining game which allows the formation of overlapping coalitions at equilibrium. We show the existence of subgame perfect...
Persistent link: https://www.econbiz.de/10008674336
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/10005392531
Coalitional network games are real-valued functions defined on a set of players organized into a network and a … efficient coalitional network structure. We propose two allocation rules that distribute the value of the efficient coalitional … network structure: the atom-based flexible coalitional network allocation rule and the player-based flexible coalitional …
Persistent link: https://www.econbiz.de/10010927690
for a fixed network. Unlike previous rules, our characterization does not require component additivity. Next, we extend it … to flexible networks a la Jackson (2005). Finally, we provide a comparison with other fixed (network Myerson and Position … value) and flexible network (player and link based) allocation rules through a number of examples. …
Persistent link: https://www.econbiz.de/10011111155
isincreasing in the strength of the two ties, and two, the removal of a weak tieincreases average distance in the network more than … the removal of a strong tie. We test these hypotheses using data on the network of coauthorship amongeconomists. We find …
Persistent link: https://www.econbiz.de/10008602646
-theoretic model of network formation. First, link specificity is incorporated, meaning that the more direct links somebody has to … rather to the complete network under small link specificity. …
Persistent link: https://www.econbiz.de/10008456508
respect to their network position while their names do not matter. Existence of certain stable network structures is then … empty or complete network are always pairwise stable, stable symmetric networks exist, or stable networks with a connected … pairwise stable network is an NSG if utility is given by Bonacich centrality. …
Persistent link: https://www.econbiz.de/10010897075