In this note, we extend the Goyal and Joshi’s model of network of collaboration in oligopoly to multi-market situations. We examine the incentive of firms to form links and the architectures of the resulting equilibrium networks in this setting. We also present some results on efficient networks.
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- Hans Haller & Subhadip Chakrabarti, 2003.
"An Analysis of Advertising Wars,"
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- Bastian Westbrock, 2010. "Natural concentration in industrial research collaboration," RAND Journal of Economics, RAND Corporation, vol. 41(2), pages 351-371.
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