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Networks with Group Counterproposals

Ricardo Nieva

No 42901, Coalition Theory Network Working Papers from Fondazione Eni Enrico Mattei (FEEM)

Abstract: We study two n-player sequential network formation games with externalities. Link formation is tied to simultaneous transfer selection in a Nash demand like game in each period. Players in groups can counterpropose. We give necessary and sufficient conditions for efficiency in terms of cyclical monotonicity. The n-player group version always yields efficiency.

Pages: 18
Date: 2008-07
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:feemct:42901

DOI: 10.22004/ag.econ.42901

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