Title of article
A note on network formation with decay
Author/Authors
Nobuo Matsubayashi، نويسنده , , Shigetaka Yamakawa، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2006
Pages
6
From page
387
To page
392
Abstract
This paper studies an endogenous network formation with decay. We introduce a strategic form game based on a simple bilateral cost allocation rule. We show that a strong Nash equilibrium of this game always exists and necessarily achieves efficient networks.
Keywords
Endogenous cost allocation , Strong Nash equilibrium , Efficient network , network formation , decay
Journal title
Economics Letters
Serial Year
2006
Journal title
Economics Letters
Record number
436096
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