Narrow search
Showing 1 - 10 of 3,036
Cover Image
Constitutions and groups
Mauleon, Ana; Roehl, Nils; Vannetelbosch, Vincent J. - In: Games and economic behavior 107 (2018), pp. 135-152
Persistent link: https://www.econbiz.de/10011976524
Cover Image
Chain stability in trading networks
Hatfield, John William; Kominers, Scott Duke; Nichifor, … - In: Theoretical Economics 16 (2021) 1, pp. 197-234
In a general model of trading networks with bilateral contracts, we propose a suitably adapted chain stability concept … that plays the same role as pairwise stability in two-sided settings. We show that chain stability is equivalent to … stability if all agents' preferences are jointly fully substitutable and satisfy the Laws of Aggregate Supply and Demand. In the …
Persistent link: https://www.econbiz.de/10013189046
Cover Image
Chain stability in trading networks
Hatfield, John William; Kominers, Scott Duke; Nichifor, … - In: Theoretical economics : TE ; an open access journal in … 16 (2021) 1, pp. 197-234
In a general model of trading networks with bilateral contracts, we propose a suitably adapted chain stability concept … that plays the same role as pairwise stability in two-sided settings. We show that chain stability is equivalent to … stability if all agents' preferences are jointly fully substitutable and satisfy the Laws of Aggregate Supply and Demand. In the …
Persistent link: https://www.econbiz.de/10012415626
Cover Image
From bilateral two-way to unilateral one-way flow link-formation
Olaizola, Norma; Valenciano, Federico - In: SERIEs - Journal of the Spanish Economic Association 7 (2016) 2, pp. 257-278
stability for the intermediate model. Dynamics are also discussed. …
Persistent link: https://www.econbiz.de/10011650320
Cover Image
A connections model with decreasing returns link-formation technology
Olaizola, Norma; Valenciano, Federico - In: SERIEs - Journal of the Spanish Economic Association 14 (2023) 1, pp. 31-61
-players involved, there is the question of stability. We introduce and characterize a notion of marginal equilibrium, where all nodes … about node-players' information and is necessary for Nash equilibrium and for pairwise stability. Second, efficient networks … in absolute terms are characterized. Efficiency and stability are shown to be incompatible, but partial subsidizing is …
Persistent link: https://www.econbiz.de/10014496075
Cover Image
From bilateral two-way to unilateral one-way flow link-formation
Olaizola, Norma; Valenciano, Federico - In: SERIEs : Journal of the Spanish Economic Association 7 (2016) 2, pp. 257-278
stability for the intermediate model. Dynamics are also discussed. …
Persistent link: https://www.econbiz.de/10011500250
Cover Image
A connections model with decreasing returns link-formation technology
Olaizola, Norma; Valenciano, Federico - In: SERIEs : Journal of the Spanish Economic Association 14 (2023) 1, pp. 31-61
-players involved, there is the question of stability. We introduce and characterize a notion of marginal equilibrium, where all nodes … about node-players' information and is necessary for Nash equilibrium and for pairwise stability. Second, efficient networks … in absolute terms are characterized. Efficiency and stability are shown to be incompatible, but partial subsidizing is …
Persistent link: https://www.econbiz.de/10014281320
Cover Image
Dynamics of information exchange in endogenous social networks
Bimpikis, Kostas; Ozdaglar, Asuman; Acemoglu, Daron - In: Theoretical Economics 9 (2014) 1, pp. 41-97
We develop a model of information exchange through communication and investigate its implications for information aggregation in large societies. An \textit{underlying state} determines payoffs from different actions. Agents decide which others to form a costly \textit{communication link} with,...
Persistent link: https://www.econbiz.de/10011599505
Cover Image
Dynamics of strategic information transmission in social networks
Förster, Manuel - In: Theoretical Economics 14 (2019) 1, pp. 253-295
We develop a dynamic framework of strategic information transmission through cheap talk in a social network. Privately informed agents have different preferences about the action to be implemented by each agent and repeatedly communicate with their neighbors in the network. We first characterize...
Persistent link: https://www.econbiz.de/10012215318
Cover Image
Dynamics of strategic information transmission in social networks
Förster, Manuel - In: Theoretical economics : TE ; an open access journal in … 14 (2019) 1, pp. 253-295
We develop a dynamic framework of strategic information transmission through cheap talk in a social network. Privately informed agents have different preferences about the action to be implemented by each agent and repeatedly communicate with their neighbors in the network. We first characterize...
Persistent link: https://www.econbiz.de/10012020319