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Expected fair allocation in farsighted network formation

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  • Noemí Navarro

    (CREM - Centre de recherche en économie et management - UNICAEN - Université de Caen Normandie - NU - Normandie Université - UR - Université de Rennes - CNRS - Centre National de la Recherche Scientifique, UR - Université de Rennes)

Abstract

I consider situations in which a group of players extracts a value if they organise themselves in different network structures, and I define a solution concept to describe the decentralised decision that determines the network formation process and the allocation of the value. I demonstrate that there is a solution concept satisfying discounted expected versions of pairwise stability (Jackson and Wolinsky J Econ Theory 71:44–74, 1996 ) and fairness (Myerson Math Oper Res 2:225–229, 1977a ) jointly with the requirement that the allocation rule be component efficient if the players’ discount factor is sufficiently low. Copyright Springer-Verlag Berlin Heidelberg 2014
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Noemí Navarro, 2013. "Expected fair allocation in farsighted network formation," Post-Print hal-05113101, HAL.
    • Handle: RePEc:hal:journl:hal-05113101
    DOI: 10.1007/s00355-013-0777-4
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    Cited by:

    1. is not listed on IDEAS
    2. Michel Grabisch & Elena Parilina & Agnieszka Rusinowska & Georges Zaccour, 2025. "Dynamic Network Formation with Farsighted Players and Limited Capacities," Documents de travail du Centre d'Economie de la Sorbonne 25019, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
    3. repec:hal:pseose:halshs-01207823 is not listed on IDEAS
    4. Leonardo Boncinelli & Alessio Muscillo & Paolo Pin, 2022. "Correction to: Efficiency and Stability in a Process of Teams Formation," Dynamic Games and Applications, Springer, vol. 12(4), pages 1130-1130, December.
    5. Carayol, Nicolas & Delille, Rémy & Vannetelbosch, Vincent, 2015. "Allocating value among farsighted players in network formation," Economics Letters, Elsevier, vol. 137(C), pages 50-53.
    6. Jean-François Caulier & Michel Grabisch & Agnieszka Rusinowska, 2015. "An allocation rule for dynamic random network formation processes," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 60(2), pages 283-313, October.
    7. Navarro Prada, Noemí, 2013. "Forward-looking Pairwise Stability in Networks with Externalities," IKERLANAK http://www-fae1-eao1-ehu-, Universidad del País Vasco - Departamento de Fundamentos del Análisis Económico I.
    8. Michel Grabisch & Antoine Mandel & Agnieszka Rusinowska, 2025. "Efficiency versus fairness in link recommendation algorithms," Documents de travail du Centre d'Economie de la Sorbonne 25001, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.

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