An allocation rule for dynamic random network formation processes
Gespeichert in:
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)
Online Zugang:
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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 | ||
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| 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 | ||