| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5062649 | Economics Letters | 2006 | 6 Pages |
Abstract
This paper studies an endogenous network formation with decay. We introduce a strategic form game based on a simple bilateral cost allocation rule. We show that a strong Nash equilibrium of this game always exists and necessarily achieves efficient networks.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Nobuo Matsubayashi, Shigetaka Yamakawa,