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are allowed. A network is coalition-proof stable if there exists no coalition which has a credible group deviation. A … coalition is said to have a credible group deviation if there is a profitable group deviation to some network and there is no …
Persistent link: https://www.econbiz.de/10014096409
This paper applies for the first time power index analysis to the famous Krackhardt’s kite social network by imposing a … weighted voting game on the given network structure. It compares the results of this analysis, derived by applying the Public … traditional centrality measures are rather a first approximation for evaluating the power in a network as they considerably …
Persistent link: https://www.econbiz.de/10014106013
This chapter surveys recent models of coalition and network formation in a unified framework. Comparisons are drawn … among various procedures of network and coalition formation, involving simultaneous and sequential moves. The survey also … covers models of group and network formation by farsighted players and in dynamic contexts. The chapter concludes with a …
Persistent link: https://www.econbiz.de/10014025687
We study a model in which heterogeneous agents first form a trading network where link formation is costless. Then, a … a trading network is pairwise stable if and only if it is a core periphery network where the core consists of all weak …
Persistent link: https://www.econbiz.de/10013087496
We present a model of directed communication network with endogenous link strength. Agents are endowed with a fixed …
Persistent link: https://www.econbiz.de/10014055848
The paper examines the formation of free trade agreements as a network formation game. We consider a three … either unionized or non-unionized), the global free trade network is both the unique pairwise stable network and the uniquee … efficient network. If some countries are unionized while others are non-unionized, other networks apart from the global free …
Persistent link: https://www.econbiz.de/10014056261
We develop a model of social preferences for network games and study its predictions in a local public goods game with … equilibrium set. How easily the requirements for preference compatibility are met crucially depends on a property of the network …
Persistent link: https://www.econbiz.de/10013341638
The nonpecuniary benefits of managing a small business are a first order consideration for many nascent entrepreneurs, yet the preference for business ownership is mostly ignored in models of entrepreneurship and occupational choice. In this paper, we study a population with varying...
Persistent link: https://www.econbiz.de/10012970785
The nonpecuniary benefits of managing a small business are a first order consideration for many nascent entrepreneurs, yet the preference for business ownership is mostly ignored in models of entrepreneurship and occupational choice. In this paper, we study a population with varying...
Persistent link: https://www.econbiz.de/10011348954
. Outcomes are compared with an emission fee and a subsidy. The analytical results are simulated with a numerical model and … subsidy. …
Persistent link: https://www.econbiz.de/10011977097