caa a22 4500 475739566 CHVBK 20180406123456.0 cr unu---uuuuu 170329e20000901xx s 000 0 eng 10.1007/PL00013691 doi (NATIONALLICENCE)springer-10.1007/PL00013691 Competition for goods in buyer-seller networks [Elektronische Daten] [Rachel E. Kranton, Deborah F. Minehart] : Abstract. This paper studies competition in a network and how a network structure determines agents' individual payoffs. It constructs a general model of competition that can serve as a reduced form for specific models. The paper shows how agents' outside options, and hence their shares of surplus, derive from "opportunity paths” connecting them to direct and indirect alternative exchanges. Analyzing these paths, results show how third parties' links affect different agents' bargaining power. Even distant links may have large effects on agents' earnings. These payoff results, and the identification of the paths themselves, should prove useful to further analysis of network structure. Springer-Verlag Berlin Heidelberg, 2000 Key words:Bipartite graphs, outside options, link externalities nationallicence JEL classification: D00, D40 nationallicence Kranton Rachel E. Department of Economics, University of Maryland, College Park, MD 20742, USA, US aut Minehart Deborah F. Department of Economics, Boston University, 270 Bay State Road, Boston, MA 02215, USA, US aut https://doi.org/10.1007/PL00013691 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/PL00013691 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Kranton Rachel E. Department of Economics, University of Maryland, College Park, MD 20742, USA, US aut NATIONALLICENCE 700 1- Minehart Deborah F. Department of Economics, Boston University, 270 Bay State Road, Boston, MA 02215, USA, US aut Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer