Billand, Pascal; Bravard, Christophe; Sarangi, Sudipta - In: Theory and Decision 75 (2013) 2, pp. 293-304
We provide existence results in a game with local spillovers where the payoff function satisfies both convexity and the strategic substitutes property. We show that there always exists a stable pairwise network in this game, and provide a condition which ensures the existence of pairwise...