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Mauleon, Ana; Roehl, Nils; Vannetelbosch, Vincent J. - In: Games and economic behavior 107 (2018), pp. 135-152

Persistent link: https://www.econbiz.de/10011976524

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

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

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

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

Dynamics of information exchange in endogenous social networks

Acemoglu, Daron; Bimpikis, Kostas; Ozdaglar, Asuman E. - In: Theoretical economics : TE ; an open access journal in … 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/10011684965

Paths to stability for overlapping group structures

Mauleon, Ana; Roehl, Nils; Vannetelbosch, Vincent J. - In: Journal of mathematical economics 83 (2019), pp. 19-24

Persistent link: https://www.econbiz.de/10012105857

Stable constitutions

Jeong, Daeyoung; Kim, Semin - In: Games and economic behavior 142 (2023), pp. 794-811

Persistent link: https://www.econbiz.de/10014470667

Efficient partnership formation in networks

Bloch, Francis; Dutta, Bhaskar; Manea, Mihai - In: Theoretical economics : TE ; an open access journal in … 14 (2019) 3, pp. 779-811

We analyze the formation of partnerships in social networks. Players need favors at random times and ask their neighbors in the network to form exclusive long-term partnerships that guarantee reciprocal favor exchange. Refusing to provide a favor results in the automatic removal of the...

Persistent link: https://www.econbiz.de/10012104571

Bottleneck links, essential intermediaries, and competing paths of diffusion in networks

Manea, Mihai - In: Theoretical economics : TE ; an open access journal in … 16 (2021) 3, pp. 1017-1053

We investigate how information goods are priced and diffused over links in a network. A new equivalence relation between nodes captures the effects of network architecture and locations of sellers on the division of profits, and characterizes the topology of competing (and potentially...

Persistent link: https://www.econbiz.de/10012806313

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