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Club Networks with Multiple Memberships and Noncooperative Stability
Page, Frank H. - 2009
Modeling club structures as bipartite directed networks, we formulate the problem of club formation as a noncooperative game of network formation and identify conditions on network formation rules and players' network payoffs sufficient to guarantee that the game has a potential function. Our...
Persistent link: https://www.econbiz.de/10012718960
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Endogenous Network Dynamics
Page, Frank H.; Wooders, Myrna Holtz - 2009
In all social and economic interactions, individuals or coalitions choose not only with whom to interact but how to … dynamics the notions of pairwise stability (Jackson-Wolinsky, 1996), strong stability (Jackson-van den Nouweland, 2005), and …, or Nash) it is necessary and sufficient that the pair reside in one of finitely many basins of attraction - and hence …
Persistent link: https://www.econbiz.de/10014210432
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Strategic Basins of Attraction, the Path Dominance Core, and Network Formation Games
Page, Frank H.; Wooders, Myrna Holtz - 2007
, such as those of Jackson and Wolinsky (1996) and Jackson and van den Nouweland (2005) …
Persistent link: https://www.econbiz.de/10014223691
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Endogenous Mechanisms and Nash Equilibrium in Competitive Contracting
Page, Frank H. - 2007
ties within catalogs and/or across catalogs, corresponding to any catalog profile offered by firms there may be multiple …
Persistent link: https://www.econbiz.de/10012728670