This paper explores the manner in which the structure of a social network constrains the level of inequality that can … be sustained among its members. We assume that any distribution of value across the network must be stable with respect … network. We show that if the network is bipartite, there is a unique stable payoff distribution that is maximally unequal in …

This paper examines network formation among a connected population with a preference for conformity and leadership …. Agents build stable personal relationships to achieve coordinated actions. The network serves as a repository of collective … reveals how behavioral tendencies impact network formation and identifies locally stable disequilibrium structures …

and reward depend on the player's position in the social network of the particular equilibrium realized, the features that …

endogenous structure of collaboration is represented by a weighted network. The agents are forward-looking and capable of …

network structure and we examine equilibrium selection. Specifically, actions are either strategic substitutes or strategic … complements, and participants have either complete or incomplete information about the structure of a random network. Since … for reduced exposure to loss, and 2) uncertainty about the network structure makes it considerably more difficult to …

We study two n-player sequential network formation games with externalities. Link formation is tied to simultaneous …. -- Efficiency ; Bargaining Protocol ; Counterproposals ; Network Formation ; Transfers ; Externalities ; Groups ; Coalitions …

objectives here are to model the structure and strategy of interactions prevailing at any point in time as a directed network and … to address the following open question in the theory of social and economic network formation: given the rules of network … networks, and the trembles of nature, what network and coalitional dynamics are likely to emerge and persist. Our main …

objectives here are to model the structure and strategy of interactions prevailing at any point in time as a directed network and … to address the following open question in the theory of social and economic network formation: given the rules of network … networks, and the trembles of nature, what network and coalitional dynamics are likely to emergence and persist. Our main …