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Allocation Rules for Network Games

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Author Info
Matthew O. Jackson (California Institute of Technology)

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Abstract

Previous allocation rules for network games, such as the Myerson Value, implicitly or explicitly take the network structure as fixed. In many situations, however, the network structure can be altered by players. This means that the value of alternative network structures (not just sub-networks) can and should influence the allocation of value among players on any given network structure. I present a family of allocation rules that incorporate information about alternative network structures when allocating value.

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Publisher Info
Paper provided by EconWPA in its series Game Theory and Information with number 0303010.

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Date of creation: 28 Mar 2003
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Handle: RePEc:wpa:wuwpga:0303010

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Web page: http://129.3.20.41

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Related research
Keywords: networks; network games; allocation rules;

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Find related papers by JEL classification:
C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Sergio Currarini & Massimo Morelli, 2000. "Network Formation with Sequential Demands," Royal Holloway, University of London: Discussion Papers in Economics 99/2, Department of Economics, Royal Holloway University of London, revised Feb 2000. [Downloadable!]
  2. Noemí Navarro & Andrés Perea, 2001. "Bargaining In Networks And The Myerson Value," Economics Working Papers we016121, Universidad Carlos III, Departamento de Economía. [Downloadable!]
  3. Peleg, B, 1986. "On the Reduced Game Property and Its Converse," International Journal of Game Theory, Springer, vol. 15(3), pages 187-200.
  4. Mutuswami, Suresh & Winter, Eyal, 2002. "Subscription Mechanisms for Network Formation," Journal of Economic Theory, Elsevier, vol. 106(2), pages 242-264, October. [Downloadable!] (restricted)
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  5. Dutta, Bhaskar & Mutuswami, Suresh, 1997. "Stable Networks," Journal of Economic Theory, Elsevier, vol. 76(2), pages 322-344, October. [Downloadable!] (restricted)
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  6. Qin, Cheng-Zhong, 1996. "Endogenous Formation of Cooperation Structures," Journal of Economic Theory, Elsevier, vol. 69(1), pages 218-226, April. [Downloadable!] (restricted)
  7. Jackson, Matthew O. & Wolinsky, Asher, 1996. "A Strategic Model of Social and Economic Networks," Journal of Economic Theory, Elsevier, vol. 71(1), pages 44-74, October. [Downloadable!] (restricted)
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  8. Perez-Castrillo, David & Wettstein, David, 2001. "Bidding for the Surplus : A Non-cooperative Approach to the Shapley Value," Journal of Economic Theory, Elsevier, vol. 100(2), pages 274-294, October. [Downloadable!] (restricted)
    Other versions:
  9. Roger B. Myerson, 1976. "Graphs and Cooperation in Games," Discussion Papers 246, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Paolo Pin, 2006. "Eight degrees of separation," Working Papers 2006_26, University of Venice "Ca' Foscari", Department of Economics. [Downloadable!]
    Other versions:
  2. Sudipta Sarangi & Robert P. Gilles, 2004. "The Role of Trust in Costly Network Formation," Econometric Society 2004 North American Summer Meetings 483, Econometric Society. [Downloadable!]
    Other versions:
  3. Noemí Navarro, 2008. "A Sensitive Flexible Network Approach," Working Papers 2008-2, Universidad de Málaga, Department of Economic Theory, Málaga Economic Theory Research Center, revised Sep 2008. [Downloadable!]
  4. Sergio Currarini, 2006. "Network Design in Games with Spillovers," Working Papers 2006_16, University of Venice "Ca' Foscari", Department of Economics. [Downloadable!]
    Other versions:
  5. Slikker, M. & Norde, H.W., 2004. "Symmetric convex games and stable structures," Discussion Paper 114, Tilburg University, Center for Economic Research. [Downloadable!]
  6. Noemí NAVARRO & Róbert VESZTEG, 2007. "Fair ultimatum: an experimental study of the Myerson value," Cahiers de Recherches Economiques du Département d'Econométrie et d'Economie politique (DEEP) 07.05, Université de Lausanne, Faculté des HEC, DEEP. [Downloadable!]
  7. P. Herings & Gerard Laan & Dolf Talman, 2007. "Socially Structured Games," Theory and Decision, Springer, vol. 62(1), pages 1-29, February. [Downloadable!] (restricted)
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