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Networks and clubs
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Page, Frank H. and Wooders, Myrna Holtz (2007) Networks and clubs. In: CERMSEM Conference 2006, Paris, France, Jun 2006. Published in: Journal of Economic Behavior & Organization, Vol.64 (No.3-4). pp. 406-425. doi:10.1016/j.jebo.2007.01.003 ISSN 0167-2681.
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Official URL: http://dx.doi.org/10.1016/j.jebo.2007.01.003
Abstract
We formulate a club model where players' have identical single-peaked preferences over club sizes as a network formation game. For situations with "many" clubs, we provide necessary and sufficient for nonemptiness of the farsighted core and the direct (or myopic) core. With "too few" clubs, if players are farsighted then the farsighted core is empty. In this same case, if players are myopic then the direct core is always nonempty and, for any club network in the direct core, clubs are of nearly equal size (i.e., clubs differ in size by at most one member).
Item Type: | Conference Item (Paper) | ||||
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Subjects: | H Social Sciences > HC Economic History and Conditions | ||||
Divisions: | Faculty of Social Sciences > Economics | ||||
Journal or Publication Title: | Journal of Economic Behavior & Organization | ||||
Publisher: | Elsevier BV * North-Holland | ||||
ISSN: | 0167-2681 | ||||
Official Date: | November 2007 | ||||
Dates: |
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Volume: | Vol.64 | ||||
Number: | No.3-4 | ||||
Number of Pages: | 20 | ||||
Page Range: | pp. 406-425 | ||||
DOI: | 10.1016/j.jebo.2007.01.003 | ||||
Status: | Peer Reviewed | ||||
Publication Status: | Published | ||||
Access rights to Published version: | Restricted or Subscription Access | ||||
Conference Paper Type: | Paper | ||||
Title of Event: | CERMSEM Conference 2006 | ||||
Type of Event: | Conference | ||||
Location of Event: | Paris, France | ||||
Date(s) of Event: | Jun 2006 |
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