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  • 标题:Subgame-perfect market sharing agreements
  • 本地全文:下载
  • 作者:Toru Hokari ; Seiji Murakoshi ; Masaki Iimura
  • 期刊名称:Economics Bulletin
  • 电子版ISSN:1545-2921
  • 出版年度:2007
  • 卷号:3
  • 出版社:Economics Bulletin
  • 摘要:Jackson and Watts (2002, J Econ Theory) study a dynamic process of network formation assuming that each player is myopic. In this note, we study the same dynamic process but assume that each player is farsighted. In particular, we consider a finite-horizon version of such a dynamic process in a model of market sharing agreements introduced by Belleframme and Bloch (2004, Int Econ Review), and investigate which networks are likely to be realized when the number of the players is three.
  • 关键词:finite horizon
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