Advanced Search
MyIDEAS: Login

Payoff Functions In The One-Way Flow Model Of Network Formation For Which Nash Networks Exist

Contents:

Author Info

  • JEAN DERKS

    ()
    (Department of Knowledge Engineering, Maastricht University, P. O. Box 616, 6200 MD, Maastricht, the Netherlands)

  • MARTIJN TENNEKES

    ()
    (Department of Knowledge Engineering, Maastricht University, P. O. Box 616, 6200 MD, Maastricht, the Netherlands)

Abstract

We study a non-cooperative model of unilateral network formation. Derks et al. [2008b] prove the existence of local-Nash and global-Nash networks for games with payoff functions that satisfy a framework of axiomatic properties. These properties are inspired by the one-way flow model, which is characterized by the following payoff structure. Each agent pays a cost for each formed link and receives profits from being connect to other agents. In this paper we fully characterize the payoff functions in the one-way flow model that satisfy all properties. We show that under certain conditions, payoff functions with heterogeneous link costs and heterogeneous profits satisfy all properties for which the existence of local-Nash networks is proved. Furthermore, we show that all payoff functions with owner-homogeneous link costs and heterogeneous profits satisfy all properties, and therefore imply the existence of global-Nash networks.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.worldscinet.com/cgi-bin/details.cgi?type=pdf&id=pii:S0219198911002848
Download Restriction: Access to full text is restricted to subscribers.

File URL: http://www.worldscinet.com/cgi-bin/details.cgi?type=html&id=pii:S0219198911002848
Download Restriction: Access to full text is restricted to subscribers.

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Bibliographic Info

Article provided by World Scientific Publishing Co. Pte. Ltd. in its journal International Game Theory Review.

Volume (Year): 13 (2011)
Issue (Month): 01 ()
Pages: 61-73

as in new window
Handle: RePEc:wsi:igtrxx:v:13:y:2011:i:01:p:61-73

Contact details of provider:
Web page: http://www.worldscinet.com/igtr/igtr.shtml

Order Information:
Email:

Related research

Keywords: Non-cooperative games; network formation; axiomatization; payoff functions; Subject Classification: C72; Subject Classification: D85;

Find related papers by JEL classification:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:wsi:igtrxx:v:13:y:2011:i:01:p:61-73. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Tai Tone Lim).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.