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Existing cooperative game theoretic studies of bargaining power in gas pipeline systems are based on the so called … (TPA). TPA, which is by now the norm in the EU, obliges the owner of a pipeline to transport gas for others, provided they … payoffs, reflecting the power structure, for a pipeline system with regulated TPA. The method is based on an iterative flow …
Persistent link: https://www.econbiz.de/10012016390
Persistent link: https://www.econbiz.de/10002154868
We examine the formation of networks among a set of players whose payoffs depend on the structure of the network. We focus on games where players may bargain by promising or demanding transfer payments when forming links. We examine several variations of the transfer/bargaining aspect of link...
Persistent link: https://www.econbiz.de/10011603119
We examine the formation of networks among a set of players whose payoffs depend on the structure of the network. We focus on games where players may bargain by promising or demanding transfer payments when forming links. We examine several variations of the transfer/bargaining aspect of link...
Persistent link: https://www.econbiz.de/10014071738
Persistent link: https://www.econbiz.de/10014046288
We analyse competition between perfectly substitutable networks. Monopolization can be sustained in equilibrium by asymmetric access prices whereby entry is deterred by a set of margin squeezes. A regulatory package consisting of (i) mandatory interconnection; (ii) reciprocal access prices;...
Persistent link: https://www.econbiz.de/10014212811
We show that prominent centrality measures in network analysis are all based on additively separable and linear treatments of statistics that capture a node's position in the network. This enables us to provide a taxonomy of centrality measures that distills them to varying on two dimensions:...
Persistent link: https://www.econbiz.de/10013251250
This paper studies bargaining and exchange in a networked market with intermediation. Possibilities to trade are restricted through a network of existing relationships and traders bargain over the division of available gains from trade along different feasible routes. Using a stochastic model of...
Persistent link: https://www.econbiz.de/10013036668
I study intermediation in networked markets using a stochastic model of multilateral bargaining in which traders compete on different routes through the network. I characterize stationary equilibrium payoffs as the fixed point of a set of intuitive value function equations and study efficiency...
Persistent link: https://www.econbiz.de/10010403606
This paper studies bargaining and exchange in a networked market with intermediation. Possibilities to trade are restricted through a network of existing relationships and traders bargain over the division of available gains from trade along different feasible routes. Using a stochastic model of...
Persistent link: https://www.econbiz.de/10009565541