Networks, Communication and Hierarchy: Applications to Cooperative Games

Tinbergen Institute Discusion Paper 2021-019/II

40 Pages Posted: 25 Feb 2021

See all articles by Encarnacion Algaba

Encarnacion Algaba

University of Seville

Rene van den Brink

Vrije Universiteit Amsterdam, School of Business and Economics

Date Written: February 12, 2021

Abstract

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

Algaba, Encarnacion and van den Brink, Rene, Networks, Communication and Hierarchy: Applications to Cooperative Games (February 12, 2021). Tinbergen Institute Discusion Paper 2021-019/II, Available at SSRN: https://ssrn.com/abstract=3792439 or http://dx.doi.org/10.2139/ssrn.3792439

Encarnacion Algaba (Contact Author)

University of Seville ( email )

Rene Van den Brink

Vrije Universiteit Amsterdam, School of Business and Economics ( email )

De Boelelaan 1105
Amsterdam, 1081HV
Netherlands

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