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This paper presents a model of bargaining networks between sellers and buyers, when some sellers are willing to share access to their local markets. Given a status quo network, game is played in two stages: in the first stage, sellers form a new network by signing two-sided contracts; in the...
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In all social and economic interactions, individuals or coalitions choose not only with whom to interact but how to interact, and over time both the structure (the “with whom”) and the strategy (“the how”) of interactions change. Our objectives here are to model the structure and...
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This paper presents a model of collusive bargaining networks. Given a status quo network, game is played in two stages: in the first stage, pairs of sellers form the network by signing two-sided contracts that allow sellers to use connections of other sellers; in the second stage, sellers and...
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