Networks, Communication and Hierarchy: Applications to Cooperative Games
Tinbergen Institute Discusion Paper 2021-019/II
40 Pages Posted: 25 Feb 2021
Date Written: February 12, 2021
Agents participating in different kind of organizations, usually take different positions in some network structure. Two well-known network structures are hierarchies and communication networks. We give an overview of the most common models of communication and hierarchy restrictions in cooperative games, compare different network structures with each other and discuss network structures that combine communication as well as hierarchical features. Throughout the survey, we illustrate these network structures by applying them to cooperative games with restricted cooperation.
Keywords: Networks, games, communication, hierarchy, cooperative TU-game, Shapley value
JEL Classification: C71
Suggested Citation: Suggested Citation