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Persistent link: https://www.econbiz.de/10003359120
We study the formation of coalitions that provide public goods to members. Individuals are linked on a tree graph and those with similar preferences are connected on the tree. We present a well-defined solution that selects envy-free allocations from the core
Persistent link: https://www.econbiz.de/10012942058
Observing the increasingly important roles played by the creation and transmission of information and tacit knowledge, we construct an information-network model incorporating both information transmitters and information aggregators. Given information-processing roles in aggregation or...
Persistent link: https://www.econbiz.de/10012932588