We present a network formation game whose equilibria are undirected networks. Every connected couple contributes to the aggregate payoff by a fixed quantity, and the outcome is split between players according to the Myerson value allocation rule. This setup shows a wide multiplicity of non-empty equilibria, all of them connected.Weshow that the efficient equilibria of the game are either the empty network, or a network whose diameter does not exceed a threshold of 8 (i.e. there are no two nodes with a distance greater than 8).
Pin, P. (2011). Eight Degrees of Separation. RESEARCH IN ECONOMICS, 65, 259-270.
Scheda prodotto non validato
Scheda prodotto in fase di analisi da parte dello staff di validazione
Titolo: | Eight Degrees of Separation |
Autori: | |
Rivista: | |
Citazione: | Pin, P. (2011). Eight Degrees of Separation. RESEARCH IN ECONOMICS, 65, 259-270. |
Anno: | 2011 |
Appare nelle tipologie: | 1.1 Articolo in rivista |
File in questo prodotto:
File | Descrizione | Tipologia | Licenza | |
---|---|---|---|---|
8degrees_RiE10.pdf | Post-print | NON PUBBLICO - Accesso privato/ristretto | Administrator Richiedi una copia |
http://hdl.handle.net/11365/28993