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We study two n-player sequential network formation games with externalities. Link formation is tied to simultaneous …. -- Efficiency ; Bargaining Protocol ; Counterproposals ; Network Formation ; Transfers ; Externalities ; Groups ; Coalitions …
Persistent link: https://www.econbiz.de/10008780592
We study network formation with n players and link cost α > 0. After the network is built, an adversary randomly …
Persistent link: https://www.econbiz.de/10009752420
This paper studies a noncooperative model of network formation. Built upon the two-way flow model of Bala and Goyal …
Persistent link: https://www.econbiz.de/10011558335
Most literature in strategic network formation shows that there is a substantial tension between stability and … (2000a) and De Jaegher and Kamphorst (2015). Specifically, I show that every link receiver in a Nash network serves as an …
Persistent link: https://www.econbiz.de/10013254442
Climate change has inspired the interest of the academic community in the most diverse areas of knowledge. This study tests and revisits the environmental Kuznets curve assumptions for Portugal. The econometric strategy used in this research is time series (ARIMA model, OLS estimator, ARCH...
Persistent link: https://www.econbiz.de/10011824180
paper continues on the work of Galeotti, Goyal and Kamphorst (2003). In their paper they investigate a model of network …
Persistent link: https://www.econbiz.de/10011334857
Persistent link: https://www.econbiz.de/10010354731
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
, I provide a proposition that generalizes the results of these two models by stating that: (i) Strict Nash network … network as in Billand et al (2011). This proposition requires that a certain restriction on link formation cost (called …
Persistent link: https://www.econbiz.de/10010518019
many well-known results from the contest literature can be obtained by varying the structure of the network. Our framework …
Persistent link: https://www.econbiz.de/10012919103