Showing 1 - 10 of 4,638
; Cover Function ; Bargaining ; Symmetric Game ; Network … the overlapping case. We propose a cover function bargaining game which allows the formation of overlapping coalitions at …
Persistent link: https://www.econbiz.de/10008737140
the overlapping case. We propose a cover function bargaining game which allows the formation of overlapping coalitions at …
Persistent link: https://www.econbiz.de/10014190389
We analyze a model of strategic network formation prior to a Manea (2011) bargaining game: ex-ante homogeneous players … sequential network bargaining. Assuming patient players, we provide a complete characterization of networks being pairwise (Nash … form an undirected network with explicit linking costs anticipating expected equilibrium payoffs from the subsequent …
Persistent link: https://www.econbiz.de/10010458499
We analyze a model of strategic network formation prior to a Manea (2011) bargaining game: ex-ante homogeneous players … form costly undirected links anticipating expected equilibrium payoffs from the subsequent network bargaining. Assuming … are not even singularly pairwise stable. As an important implication, this reveals the diversity of possible bargaining …
Persistent link: https://www.econbiz.de/10011296326
We introduce a noncooperative multilateral bargaining model for a network-restricted environment, in which players can … communicate only with their neighbors. Each player strategically chooses the bargaining partners among the neighbors to buy out … their communication links with upfront transfers. The main theorem characterizes a condition on network structures for …
Persistent link: https://www.econbiz.de/10011279698
network of interbank exposures by which they expose other banks to potential insolvency cascades. In this paper, we show how a … regulator can use information about the financial network to devise a transaction-specific tax based on a network centrality … effectively stimulate a `rewiring' of the equilibrium interbank network so as to make it more resilient to insolvency cascades …
Persistent link: https://www.econbiz.de/10012969057
spread. Previously developed frameworks capture local social influence using network games, but discard local correlation in … players' strategies. This paper develops a network games framework that allows for local correlation in players' strategies by … equilibrium outcomes on network clustering — the probability that two individuals with a mutual neighbor are connected to each …
Persistent link: https://www.econbiz.de/10014138245
are not bounded away from zero and the network is sufficiently connected and has identifiable information paths. If search … as in the complete network. The density of indirect connections affects convergence rates. Network transparency has short …
Persistent link: https://www.econbiz.de/10012852060
. -- Efficiency ; Bargaining Protocol ; Counterproposals ; Network Formation ; Transfers ; Externalities ; Groups ; Coalitions …We study two n-player sequential network formation games with externalities. Link formation is tied to simultaneous …
Persistent link: https://www.econbiz.de/10008780592
We study two n-player sequential network formation games with externalities. Link formation is tied to simultaneous …
Persistent link: https://www.econbiz.de/10014215253