Artikel
Efficient networks in games with local complementarities
We address the problem of a planner looking for the efficient network when agents play a network game with local complementarities and links are costly. We show that for general network cost functions, efficient networks belong to the class of Nested-Split Graphs. Next, we refine our results and find that, depending on the specification of the network cost function, complete networks, core-periphery networks, dominant group architectures, quasi-star and quasi-complete networks can be efficient.
- Sprache
-
Englisch
- Erschienen in
-
Journal: Theoretical Economics ; ISSN: 1555-7561 ; Volume: 11 ; Year: 2016 ; Issue: 1 ; Pages: 357-380 ; New Haven, CT: The Econometric Society
- Klassifikation
-
Wirtschaft
Noncooperative Games
Network Formation and Analysis: Theory
- Thema
-
Network games
strategic complementarity
nested split graphs
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Belhaj, Mohamed
Bervoets, Sebatian
Deroïan, Frédéric
- Ereignis
-
Veröffentlichung
- (wer)
-
The Econometric Society
- (wo)
-
New Haven, CT
- (wann)
-
2016
- DOI
-
doi:10.3982/TE1742
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
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Objekttyp
- Artikel
Beteiligte
- Belhaj, Mohamed
- Bervoets, Sebatian
- Deroïan, Frédéric
- The Econometric Society
Entstanden
- 2016
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