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Persistent link: https://www.econbiz.de/10005671950
The objective of the paper is to analyze the formation of social networks where individuals are allowed to engage in several groups at the same time. These group structures are interpreted here as social networks. Each group is supposed to have specific rules or constitutions governing which...
Persistent link: https://www.econbiz.de/10010927716
We develop a theoretical framework that allows us to study which bilateral links and coalition structures are going to emerge at equilibrium. We define the notion of coalitional network to represent a network and a coalition structure, where the network specifies the nature of the relationship...
Persistent link: https://www.econbiz.de/10010610449
We propose a concept to study the stability of social and economic networks when players are farsighted and allocations are determined endogenously. A set of networks is a von Neumann-Morgenstern farsightedly stable set with bargaining if there exists an allocation rule and a bargaining threat...
Persistent link: https://www.econbiz.de/10010752809
Persistent link: https://www.econbiz.de/10005779414
In this paper, I first prove an integral representation theorem: Every quasi-integral on a Stone lattice can be represented by a unique upper-continuous capacity. I then apply this representation theorem to study the topological structure of the space of all upper-continuous capacities on a...
Persistent link: https://www.econbiz.de/10005779425
This paper explains how the Gibbs sampler can be used to perform Bayesian inference on GARCH models. Although the Gibbs sampler is usually based on the analytical knowledge of the full conditional posterior densities, such knowledge is not available in regression models with GARCH errors. We...
Persistent link: https://www.econbiz.de/10005779429
In this paper we decribe a hybrid strategy for solving combinatorial optimisation problemms, obtained by coupling a local search method to an evolutionary algorithm, and we provide an application to the Manhattan newspaper problem. The local search method has been devised specifically for this...
Persistent link: https://www.econbiz.de/10005779467
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