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distributions, positive assortativity of degrees, and clustering-degree correlation. …
Persistent link: https://www.econbiz.de/10011705107
respect to their network position while their names do not matter. Existence of certain stable network structures is then … empty or complete network are always pairwise stable, stable symmetric networks exist, or stable networks with a connected … pairwise stable network is an NSG if utility is given by Bonacich centrality. …
Persistent link: https://www.econbiz.de/10010386357
; Cover Function ; Bargaining ; Symmetric Game ; Network …
Persistent link: https://www.econbiz.de/10008737140
This paper extends the theory of endogenous coalition formation, with complete information and transferable utility, to the overlapping case. We propose a cover function bargaining game which allows the formation of overlapping coalitions at equilibrium. We show the existence of subgame perfect...
Persistent link: https://www.econbiz.de/10014190389
High levels of clustering—the tendency for two nodes in a network to share a neighbor—are ubiquitous in economic and … otherwise separate network regions, representing rewards for filling “structural holes” in the sense of Burt (1992) and keeping … distances in networks short. This paper proposes a parsimonious model of network formation with introductions and intermediation …
Persistent link: https://www.econbiz.de/10012843864
networks form, the impact of network structure on agents' outcomes, and the evolution of networks over time. For this purpose …, we combine a network game introduced by Ballester et al. [2006], where the Nash equilibrium action of each agent is … proportional to her Bonacich centrality, with an endogenous network formation process. Links are formed on the basis of agents …
Persistent link: https://www.econbiz.de/10013144348
We introduce a new network centrality measure founded on the Gately value for cooperative games with transferable … utilities. A directed network is interpreted as representing control or authority relations between players-constituting a … hierarchical network. The power distribution embedded within a hierarchical network can be represented through appropriate TU …
Persistent link: https://www.econbiz.de/10014426676
Persistent link: https://www.econbiz.de/10010354731
endogenous structure of collaboration is represented by a weighted network. The agents are forward-looking and capable of …
Persistent link: https://www.econbiz.de/10011937299
network structure and we examine equilibrium selection. Specifically, actions are either strategic substitutes or strategic … complements, and participants have either complete or incomplete information about the structure of a random network. Since … for reduced exposure to loss, and 2) uncertainty about the network structure makes it considerably more difficult to …
Persistent link: https://www.econbiz.de/10010344833