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Theoretical models of government formation in political science usually assume that the head of state is non-strategic. In this paper, we analyse the power of an agenda setter who chooses the order in which players are recognised to form coalitions in simple games. We characterise those sets of...
Persistent link: https://www.econbiz.de/10014155769
This paper analyzes the formation of market sharing agreements among firms in oligopolistic markets and procurement auctions. The set of market sharing agreements defines a collusive network, and the paper provides a complete characterization of stable and efficient collusive networks when firms...
Persistent link: https://www.econbiz.de/10014123836
We show that prominent centrality measures in network analysis are all based on additively separable and linear treatments of statistics that capture a node's position in the network. This enables us to provide a taxonomy of centrality measures that distills them to varying on two dimensions:...
Persistent link: https://www.econbiz.de/10013251250
This paper analyzes the formation of partnerships in social networks. Agents randomly request favors and turn to their neighbors to form a partnership. If favors are costly, agents have an incentive to delay the formation of the partnership. In that case, for any initial social network, the...
Persistent link: https://www.econbiz.de/10012965624
This paper analyzes farsighted stable sets when agents have heterogeneous expectations over the dominance paths. We consider expectation functions satisfying two properties of path-persistence and consistency. We show that farsighted stable sets with heterogeneous expectations always exist and...
Persistent link: https://www.econbiz.de/10012952689
This paper analyzes the optimal protection strategy for an innovator of a complex innovation who faces the risk of imitation by a competitor. We suppose that the innovation can be continuously fragmented into sub-innovations. We characterize the optimal mix of patent and trade secrets when the...
Persistent link: https://www.econbiz.de/10013040387
This paper analyzes farsighted stable sets when agents have heterogeneous expectations over the dominance paths. We consider expectation functions satisfying the two properties of justifiability and maximality and define stable alternatives as endpoints of the expectation function of some agent...
Persistent link: https://www.econbiz.de/10012908739
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...
Persistent link: https://www.econbiz.de/10014025687