Showing 1 - 10 of 7,250
; 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
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 players and in dynamic contexts. The chapter concludes with a …
Persistent link: https://www.econbiz.de/10014025687
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 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
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
This paper examines conditions for stability in bargaining networks. Network formation is endogenized and payoffs are … internalize the entire network structure when choosing trading partners. The set of link stable networks is characterized for all … positive fixed costs per link. It can be shown that for all positive costs link-stable Manea bargaining networks are of degree …
Persistent link: https://www.econbiz.de/10013002376
substitutability and cross side complementarity. Given this preference domain I analyze the interplay between properties of the network … stable network, and (v) the existence of an efficient and individually stable network. These equivalences also provide a …
Persistent link: https://www.econbiz.de/10003950989
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
placing its data on others’ storage devices, given the prevailing data loss rate in the network. The cost function of an agent … captures the cost that the agent incurs to maintain links in the network. With this utility function, we analyze what network … exists a pairwise stable network, which is also efficient. We show that all pairwise stable networks are efficient, and hence …
Persistent link: https://www.econbiz.de/10012167820