Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5072422 | Games and Economic Behavior | 2010 | 10 Pages |
Abstract
I propose three modifications of Jackson's flexible network axiom (Jackson, 2005) when the structure of externalities across components have been identified. The first one takes into account the information about the externalities across components. The second one allows for coalitional deviations once the network has been formed. Finally, the third one tries to find a compromise with component efficiency (Myerson, 1977a).
Related Topics
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Economics, Econometrics and Finance
Economics and Econometrics
Authors
Noemà Navarro,