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Coalitional network games are real-valued functions defined on a set of players organized into a network and a coalition structure. We adopt a flexible approach assuming that players organize themselves the best way possible by forming the efficient coalitional network structure. We propose two...
Persistent link: https://www.econbiz.de/10010927690
outside his coalition. To predict the coalitional networks that are going to emerge at equilibrium we propose the concept of …
Persistent link: https://www.econbiz.de/10005042768
This paper analyzes the economics of industries where network externalities are significant. In such industries, firms have strong incentives to adhere to common technical compatibility standards, so that they reap the network externalities of the whole group. However, a firm also benefits from...
Persistent link: https://www.econbiz.de/10005101687
outside her coalition. To predict the coalitional networks that are going to emerge at equilibrium we propose the concepts of …
Persistent link: https://www.econbiz.de/10010610449