Symmetric Convex Games and Stable Structures

We study the model of link formation that was introduced by Aumann and Myerson (1988) and focus on symmetric convex games with transferable utilities. We answer an open question in the literature by showing that in a specific symmetric convex game with six players a structure that results in the same payoffs as the full cooperation structure can be formed according to a subgame perfect Nash equilibrium.

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Year of publication:	2004
Authors:	Norde, Henk ; Slikker, M.
Institutions:	Tilburg University, Center for Economic Research
Subject:	symmetric convex game \| undirected graph \| link formation \| stable structures

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Extent:	application/pdf
Series:	Discussion Paper.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series CentER Discussion Paper Number 2004-114
Classification:	C71 - Cooperative Games ; C72 - Noncooperative Games
Source:	RePEc - Research Papers in Economics

Persistent link: https://ebvufind01.dmz1.zbw.eu/10011092605