We model network formation and interactions under a unified framework by considering that individuals anticipate the effect of network structure on the utility of network interactions when choosing links. There are two advantages of this modeling approach: first, we can evaluate whether network...

This article contends that cooperative games have been studied extensively in the literature. A central question in cooperative games is to study solution concepts and their relationships, those well-known solution concepts include cores, stable sets, Shapley values, bargaining sets, and so on....