An allocation rule for dynamic random network formation processes

Verfasser / Beitragende:
[Jean-François Caulier, Michel Grabisch, Agnieszka Rusinowska]
Ort, Verlag, Jahr:
2015
Enthalten in:
Economic Theory, 60/2(2015-10-01), 283-313
Format:
Artikel (online)
ID: 605475520
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024 7 0 |a 10.1007/s00199-015-0879-6  |2 doi 
035 |a (NATIONALLICENCE)springer-10.1007/s00199-015-0879-6 
245 0 3 |a An allocation rule for dynamic random network formation processes  |h [Elektronische Daten]  |c [Jean-François Caulier, Michel Grabisch, Agnieszka Rusinowska] 
520 3 |a Most allocation rules for network games presented in the literature assume that the network structure is fixed. We put explicit emphasis on the construction of networks and examine the dynamic formation of networks whose evolution across time periods is stochastic. Time series of networks are studied that describe processes of network formation where links may appear or disappear at any period. Moreover, convergence to an efficient network is not necessarily prescribed. Transitions from one network to another are random and ruled by a stochastic process, typically a Markov chain. We propose the link-based scenario allocation rule for such dynamic random network formation processes and provide its axiomatic characterization. By considering a monotone game and a particular (natural) network formation process, we recover the link-based flexible network allocation rule of Jackson (Games Econ Behav 51:128-154, 2005a). 
540 |a Springer-Verlag Berlin Heidelberg, 2015 
690 7 |a Dynamic networks  |2 nationallicence 
690 7 |a Network game  |2 nationallicence 
690 7 |a Link-based allocation rule  |2 nationallicence 
690 7 |a Markov chain  |2 nationallicence 
690 7 |a Characterization  |2 nationallicence 
700 1 |a Caulier  |D Jean-François  |u Centre d'Economie de la Sorbonne, Université Paris I Panthéon-Sorbonne, Paris, France  |4 aut 
700 1 |a Grabisch  |D Michel  |u Centre d'Economie de la Sorbonne, Paris School of Economics, Université Paris I Panthéon-Sorbonne, 106-112 Bd de l'Hôpital, 75647, Paris Cedex 13, France  |4 aut 
700 1 |a Rusinowska  |D Agnieszka  |u Centre d'Economie de la Sorbonne, Paris School of Economics - CNRS, Paris, France  |4 aut 
773 0 |t Economic Theory  |d Springer Berlin Heidelberg  |g 60/2(2015-10-01), 283-313  |x 0938-2259  |q 60:2<283  |1 2015  |2 60  |o 199 
856 4 0 |u https://doi.org/10.1007/s00199-015-0879-6  |q text/html  |z Onlinezugriff via DOI 
898 |a BK010053  |b XK010053  |c XK010000 
900 7 |a Metadata rights reserved  |b Springer special CC-BY-NC licence  |2 nationallicence 
908 |D 1  |a research-article  |2 jats 
949 |B NATIONALLICENCE  |F NATIONALLICENCE  |b NL-springer 
950 |B NATIONALLICENCE  |P 856  |E 40  |u https://doi.org/10.1007/s00199-015-0879-6  |q text/html  |z Onlinezugriff via DOI 
950 |B NATIONALLICENCE  |P 700  |E 1-  |a Caulier  |D Jean-François  |u Centre d'Economie de la Sorbonne, Université Paris I Panthéon-Sorbonne, Paris, France  |4 aut 
950 |B NATIONALLICENCE  |P 700  |E 1-  |a Grabisch  |D Michel  |u Centre d'Economie de la Sorbonne, Paris School of Economics, Université Paris I Panthéon-Sorbonne, 106-112 Bd de l'Hôpital, 75647, Paris Cedex 13, France  |4 aut 
950 |B NATIONALLICENCE  |P 700  |E 1-  |a Rusinowska  |D Agnieszka  |u Centre d'Economie de la Sorbonne, Paris School of Economics - CNRS, Paris, France  |4 aut 
950 |B NATIONALLICENCE  |P 773  |E 0-  |t Economic Theory  |d Springer Berlin Heidelberg  |g 60/2(2015-10-01), 283-313  |x 0938-2259  |q 60:2<283  |1 2015  |2 60  |o 199