Networks with Group Counterproposals

We study two n-player sequential network formation games with externalities. Link formation is tied to simultaneous transfer selection in a Nash demand like game in each period. Players in groups can counterpropose. We give necessary and sufficient conditions for efficiency in terms of cyclical monotonicity. The n-player group version always yields efficiency.

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Year of publication:	2008-07
Authors:	Nieva, Ricardo
Institutions:	Fondazione ENI Enrico Mattei (FEEM)
Subject:	Efficiency \| Bargaining Protocol \| Counterproposals \| Network Formation \| Transfers \| Externalities \| Groups \| Coalitions

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Extent:	application/pdf
Series:	Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 2008.61
Classification:	C71 - Cooperative Games ; C72 - Noncooperative Games ; C73 - Stochastic and Dynamic Games ; C78 - Bargaining Theory; Matching Theory
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005230849