A competitive partnership formation process
نویسندگان
چکیده
منابع مشابه
A competitive partnership formation process
A group of heterogenous agents may form partnerships in pairs. All single agents as well as all partnerships generate values. If two agents choose to cooperate, they need to specify how to split their joint value among one another. In equilibrium, which may or may not exist, no agents have incentives to break up or form new partnerships. This paper proposes a dynamic competitive adjustment proc...
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ژورنال
عنوان ژورنال: Games and Economic Behavior
سال: 2014
ISSN: 0899-8256
DOI: 10.1016/j.geb.2014.03.009