Showing 1 - 10 of 26
Persistent link: https://www.econbiz.de/10005753082
Persistent link: https://www.econbiz.de/10012410116
Persistent link: https://www.econbiz.de/10011942557
We model an economy with social institutions that facilitate trade and induce three types of costs: establishment costs, access costs, and use costs. Use costs are specific transaction costs related to the use of these trade institutions. We assume that a trade institution is economically...
Persistent link: https://www.econbiz.de/10005596556
Persistent link: https://www.econbiz.de/10009398055
Stable networks of order r where r is a natural number refer to those networks that are immune to coalitional deviation of size r or less. In this paper, we introduce stability of a finite order and examine its relation with efficient networks under anonymous and component additive value...
Persistent link: https://www.econbiz.de/10011096373
We investigate the Nash equilibria of game theoretic models of network formation based on explicit consent in link formation. These so-called “consent models” explicitly take account of link formation costs. We provide characterizations of Nash equilibria of such consent models under both...
Persistent link: https://www.econbiz.de/10011065171
In this note, we extend the Goyal and Joshi’s model of collaboration networks in oligopoly to multi-market situations. We examine the incentive of firms to form links and the architectures of the resulting equilibrium networks in this setting. We then present some results on efficient...
Persistent link: https://www.econbiz.de/10011151174
Private peering refers to settlement-free connectivity agreements between Internet Service Providers meant to interconnect their networks by-passing congested National Access Points. We explore the incentives for bilateral peering with particular emphasis on traffic diversion. A private peering...
Persistent link: https://www.econbiz.de/10005810986
The paper presents a simple game-theoretic model of two Internet service providers (ISPs), drawn from a larger set consisting of Tiers-1 and -2 ISPs, who choose between peering and transit agreements. The study focuses on the costs of interconnection taking into account traffic imbalances. The...
Persistent link: https://www.econbiz.de/10009192857