Title
Potential maximizers and network formation
Abstract
In this paper we study the formation of cooperation structures in superadditive cooperative TU-games. Cooperation structures are represented by hypergraphs. The formation process is modelled as a game in strategic form, where the payoffs are determined according to a weighted (extended) Myerson value. This class of solution concepts is the unique class resulting in weighted potential games. The argmax set of the weighted potential predicts the formation of the complete structure and structures payoff-equivalent to the complete structure. As by-products we obtain a representation theorem of weighted potential games in terms of weighted Shapley values and a characterization of the weighted (extended) Myerson values.
Year
DOI
Venue
2000
10.1016/S0165-4896(99)00003-7
Mathematical Social Sciences
Keywords
DocType
Volume
Network formation,Potential games,Potential maximizers,TU-games,Shapley values
Journal
39
Issue
ISSN
Citations 
1
0165-4896
1
PageRank 
References 
Authors
8.89
0
4
Name
Order
Citations
PageRank
Marco Slikker119146.31
Bhaskar Dutta221454.87
Anne van den Nouweland36848.19
Stef Tijs4546111.01