Efficient networks for a class of games with global spillovers

In this paper we characterize efficient networks for network formation games with global spillovers, that satisfy convexity and sub-modularity properties. This allows us to complete the work of Goyal and Joshi (2006) and Westbrock on collaborative oligopoly networks. In particular, we establish that efficient networks are nested split graphs in this class of games.

MoreLess

Authors:	Sarangi, Sudipta ; Billand, Pascal ; Bravard, Christophe ; Durieu, Jacques
Institutions:	Department of Economics, Ourso College of Business

More details

Extent:	application/pdf
Series:	Departmental Working Papers.
Type of publication:	Book / Working Paper
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010861753