A One-Stage Model of Link Formation and Payoff Division
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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- 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.
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- Monderer, Dov & Shapley, Lloyd S., 1996. "Potential Games," Games and Economic Behavior, Elsevier, vol. 14(1), pages 124-143, May.
- 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.
- 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.
- 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.
- Gul, Faruk, 1989. "Bargaining Foundations of Shapley Value," Econometrica, Econometric Society, vol. 57(1), pages 81-95, January.
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