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This chapter surveys recent models of coalition and network formation in a unified framework. Comparisons are drawn among various procedures of network and coalition formation, involving simultaneous and sequential moves. The survey also covers models of group and network formation by farsighted...
Persistent link: https://www.econbiz.de/10014025687
MPEs for high discount factors is developed. For some networks, we find that all MPEs are asymptotically inefficient as …
Persistent link: https://www.econbiz.de/10010573659
We examine the formation of networks among a set of players whose payoffs depend on the structure of the network. We … links. We characterize the networks that are supported under these variations and show how each of the above aspects is …
Persistent link: https://www.econbiz.de/10011324957
We examine the formation of networks among a set of players whose payoffs depend on the structure of the network. We … links. We characterize the networks that are supported under these variations and show how each of the above aspects is …
Persistent link: https://www.econbiz.de/10011603119
We examine the formation of networks among a set of players whose payoffs depend on the structure of the network. We … links. We characterize the networks that are supported under these variations and show how each of the above aspects is …
Persistent link: https://www.econbiz.de/10005392531
Several results from bargaining and networks microeconomic literature are presented and their main insights and … negotiations in bilateral oligopolies. Models of price formation both in fixed and in endogenously formed buyers-sellers networks …
Persistent link: https://www.econbiz.de/10005007332
We consider two specific network structures, the star and the line, and study the set of bilateral alternating-offers bargaining procedures for the pairs of connected agents. Agents have complementary information and bargain over the relative price of their pieces of information. We characterize...
Persistent link: https://www.econbiz.de/10010687848
We consider two specific network structures, the star and the line, and study the set of bilateral alternating-offers bargaining procedures for the pairs of connected agents. Agents have complementary information and bargain over the relative price of their pieces of information. We characterize...
Persistent link: https://www.econbiz.de/10010823245
patient players, we provide a complete characterization of non-singularly pairwise (Nash) stable networks: specific disjoint … stable and efficient networks coincide whereas this does not hold if costs are low or at an intermediate level. As a …
Persistent link: https://www.econbiz.de/10011348263
symmetric case. As an application, we establish an interesting link with the formation of networks. …
Persistent link: https://www.econbiz.de/10010272385