On stability of economic networks

被引:1
|
作者
Beladi, Hamid [1 ]
Luo, Xiao [2 ]
Oladi, Reza [3 ]
Tay, Nicholas S. P. [4 ]
机构
[1] Univ Texas San Antonio, Dept Econ, San Antonio, TX USA
[2] Natl Univ Singapore, Dept Econ, Singapore, Singapore
[3] Utah State Univ, Dept Appl Econ, 4835 Old Main Hill, Logan, UT 84322 USA
[4] Univ San Francisco, Sch Management, San Francisco, CA USA
关键词
Economic networks; stability; COALITIONS;
D O I
10.1007/s11238-022-09903-x
中图分类号
F [经济];
学科分类号
02 ;
摘要
In the spirit of Von Neumann and Morgenstern (Theory of games and economic behavior, Princeton University Press, Princeton, 1944), we introduce a notion of network stability. We study the structure of stable economic networks and their associated stable payoff allocations by analyzing the conditions under which complete networks and star networks (both with desirable property of inclusiveness) are stable. We also address conditions for existence and uniqueness of stable set of networks.
引用
收藏
页码:677 / 691
页数:15
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