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Forming Efficient Networks

Working paper
Author/s: 
David Pérez-Castrillo and D. Wettstein
Year: 
2004
PDF [1]
In this paper, we suggest a simple sequential mechanism whose subgame perfect equilibria give rise to efficient networks. Moreover, the playoffs received by the agents coincide with their Shapley value in an appropriately defined cooperative game.
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Matching [2]

Source URL:http://coalitiontheory.net/content/forming-efficient-networks

Links
[1] http://pareto.uab.es/wp/2004/60904.pdf [2] http://coalitiontheory.net/research-areas/matching