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Social and Economic Networks in Cooperative Game Theory presents a coherent overview of theoretical literature that studies the influence and formation of networks in social and economic situations in which the relations between participants who are not included in a particular participant's network are not of consequence to this participant.
The material is organized in two parts. In Part I the authors concentrate on the question how network structures affect economic outcomes. Part II of the book presents the formation of networks by agents who engage in a network-formation process to be able to realize the possible gains from cooperation.
List of contents
I Social and Economic Networks in Cooperative Situations.- 1. Games and Networks.- 2. Restricted Cooperation in Games.- 3. Inheritance of Properties in Communication Situations.- 4. Variants on the Basic Model.- II Network Formation.- 5. Noncooperative Games.- 6. A Network-Formation Model in Extensive Form.- 7. A Network-Formation Model in Strategic Form.- 8. Network Formation with Costs for Establishing Links.- 9. A One-Stage Model of Network Formation and Payoff Division.- 10. Network Formation and Potential Games.- 11. Net Work Formation and Reward Functions.- References.- Notations.
Summary
Social and Economic Networks in Cooperative Game Theory presents a coherent overview of theoretical literature that studies the influence and formation of networks in social and economic situations in which the relations between participants who are not included in a particular participant's network are not of consequence to this participant.
The material is organized in two parts. In Part I the authors concentrate on the question how network structures affect economic outcomes. Part II of the book presents the formation of networks by agents who engage in a network-formation process to be able to realize the possible gains from cooperation.