Sarangi, Sudipta; Billand, Pascal; Bravard, Christophe; … - Department of Economics, Ourso College of Business
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...