Showing 1 - 10 of 463
Ostrovsky [10] develops a theory of stability for a model of matching in exogenously given networks. For this model a generalization of pairwise stability, chain stability, can always be satisfied as long as agents’ preferences satisfy same side substitutability and cross side complementarity....
Persistent link: https://www.econbiz.de/10010270419
The present study focusses on analyzing the migration patterns in Colombia from a network theory perspective. The analysis is divided in two parts. First a model based on Network Theory that takes into account the migration process, has its most prevalent features, and gives a framework for the...
Persistent link: https://www.econbiz.de/10014156819
In many contexts an individual's beliefs and behavior are affected by the choices of his or her social or geographic neighbors. This influence results in local correlation in people's actions, which in turn affects how information and behaviors spread. Previously developed frameworks capture...
Persistent link: https://www.econbiz.de/10014138245
In this paper, we describe a series of laboratory experiments that implement specific examples of a more general network structure and we examine equilibrium selection. Specifically, actions are either strategic substitutes or strategic complements, and participants have either complete or...
Persistent link: https://www.econbiz.de/10013055226
Situations that require individuals to mutually cooperate are often analysed as coordination games. This paper proposes a model of cooperative network formation where the network is formed through the process of the coordination game being played between multiple agents. Additionally, network...
Persistent link: https://www.econbiz.de/10012895261
Ostrovsky [10] develops a theory of stability for a model of matching in exogenously given networks. For this model a generalization of pairwise stability, chain stability, can always be satisfied as long as agents’ preferences satisfy same side substitutability and cross side complementarity....
Persistent link: https://www.econbiz.de/10003950989
Persistent link: https://www.econbiz.de/10010354731
In this paper, we describe a series of laboratory experiments that implement specific examples of a more general network structure and we examine equilibrium selection. Specifically, actions are either strategic substitutes or strategic complements, and participants have either complete or...
Persistent link: https://www.econbiz.de/10010344833
This paper extends the theory of endogenous coalition formation, with complete information and transferable utility, to the overlapping case. We propose a cover function bargaining game which allows the formation of overlapping coalitions at equilibrium. We show the existence of subgame perfect...
Persistent link: https://www.econbiz.de/10008737140
This paper presents a model of strategic buyer-seller networks with information exchange between sellers. Prior to engaging in bargaining with buyers, sellers can share access to buyers for a negotiated transfer. We study how this information exchange affects overall market prices, volumes and...
Persistent link: https://www.econbiz.de/10011576406