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in a buyer-seller network and suggest a framework for studying repeated games in such networks. In our framework, buyers … and sellers have rich yet incomplete knowledge of the network structure; allowing us to derive meaningful conditions that … determine whether a network is consistent with trade and cooperation between every buyer and seller that are connected. We show …
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We define a finite-horizon repeated network formation game with consent, and study the differences induced by different … define two types of equilibria, namely the Repeated Nash Network (RNN), in which the same network forms at each period, and … given network may be implemented as a RNN. Then, we provide structural properties of RNE. For instance, players may form …
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