Social and Economic Networks in Cooperative Game Theory [Paperback]

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.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.Preface. Part 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. Part 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. Network Formation and Reward Functions. References. Notations. Index.SplÃj