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On Hierarchies and Communication

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  • René van den Brink

    () (Faculty of Economics and Business Administration, Vrije Universiteit Amsterdam)

Abstract

Many economic organizations have some relational structure, meaning that economic agents do not only differ with respect to certain individual characteristics such as wealth and preferences, but also belong to some relational structure in which they usually take different positions. Two examples of such structures are communication networks and hierarchies. In the literature the distinction between these two types of relational structures is not always clear. In models of restricted cooperation this distinction should be defined by properties of the set of feasible coalitions. We characterize the feasible sets in communication networks and compare them with feasible sets arising from hierarchies.

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Bibliographic Info

Paper provided by Tinbergen Institute in its series Tinbergen Institute Discussion Papers with number 06-056/1.

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Date of creation: 03 Jul 2006
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Handle: RePEc:dgr:uvatin:20060056

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Keywords: communication; hierarchy; cooperative game; feasible set;

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Citations

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Cited by:
  1. Richard Baron & Sylvain Béal & Eric Rémila & Philippe Solal, 2011. "Average tree solutions and the distribution of Harsanyi dividends," International Journal of Game Theory, Springer, vol. 40(2), pages 331-349, May.
  2. Encarnacion Algaba & Jesus Mario Bilbao & Rene van den Brink, 2011. "Harsanyi Power Solutions for Games on Union Stable Systems," Tinbergen Institute Discussion Papers 11-182/1, Tinbergen Institute.
  3. Encarnacion Algaba & Jesus Mario Bilbao & Rene van den Brink & Jorge J. Lopez, 2011. "The Myerson Value and Superfluous Supports in Union Stable Systems," Tinbergen Institute Discussion Papers 11-127/1, Tinbergen Institute.

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