Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/53302 
Authors: 
Year of Publication: 
2008
Series/Report no.: 
Nota di Lavoro No. 61.2008
Publisher: 
Fondazione Eni Enrico Mattei (FEEM), Milano
Abstract: 
We study two n-player sequential network formation games with externalities. Link formation is tied to simultaneous transfer selection in a Nash demand like game in each period. Players in groups can counterpropose. We give necessary and sufficient conditions for efficiency in terms of cyclical monotonicity. The n-player group version always yields efficiency.
Subjects: 
Efficiency
Bargaining Protocol
Counterproposals
Network Formation
Transfers
Externalities
Groups
Coalitions
JEL: 
C71
C72
C73
C78
Document Type: 
Working Paper

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