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A One-Stage Model of Link Formation and Payoff Division

  • Slikker, Marco
  • van den Nouweland, Anne

In this paper we introduce a strategic form model in which cooperation structures and divisions of the payoffs are determined simultaneously. We analyze the cooperation structures and payoff divisions that result according to several equilibrium concepts. We find that essentially no cycles will result and that a player need not profit from a central position in a cooperation structure.

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File URL: http://www.sciencedirect.com/science/article/B6WFW-458NM57-1D/2/4f2fee7ce350d36de898d6c50bbc8f5d
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Article provided by Elsevier in its journal Games and Economic Behavior.

Volume (Year): 34 (2001)
Issue (Month): 1 (January)
Pages: 153-175

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Handle: RePEc:eee:gamebe:v:34:y:2001:i:1:p:153-175
Contact details of provider: Web page: http://www.elsevier.com/locate/inca/622836

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  1. Borm, P. E. M. & Tijs, S. H., 1992. "Strategic claim games corresponding to an NTU-game," Games and Economic Behavior, Elsevier, vol. 4(1), pages 58-71, January.
  2. Perry, Motty & Reny, Philip J, 1994. "A Noncooperative View of Coalition Formation and the Core," Econometrica, Econometric Society, vol. 62(4), pages 795-817, July.
  3. Monderer, Dov & Shapley, Lloyd S., 1996. "Potential Games," Games and Economic Behavior, Elsevier, vol. 14(1), pages 124-143, May.
  4. Gul, Faruk, 1989. "Bargaining Foundations of Shapley Value," Econometrica, Econometric Society, vol. 57(1), pages 81-95, January.
  5. Borm, P.E.M. & Tijs, S.H., 1992. "Strategic claim games corresponding to an NTU-game," Other publications TiSEM e52774ec-5d61-41f8-8325-b, Tilburg University, School of Economics and Management.
  6. Borm, P.E.M. & Tijs, S.H., 1992. "Strategic claim games corresponding to an NTU-game," Other publications TiSEM 0acf76c8-5da7-4972-a4fa-7, Tilburg University, School of Economics and Management.
  7. Chatterjee, Kalyan & Bhaskar Dutta & Debraj Ray & Kunal Sengupta, 1993. "A Noncooperative Theory of Coalitional Bargaining," Review of Economic Studies, Wiley Blackwell, vol. 60(2), pages 463-77, April.
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