| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 9549492 | Economics Letters | 2005 | 5 Pages |
Abstract
We suggest a simple sequential mechanism whose subgame perfect equilibria give rise to efficient networks. Moreover, the payoffs received by the agents coincide with their Shapley value in an appropriately defined cooperative game.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
David Pérez-Castrillo, David Wettstein,