Spatial competition and collaboration networks

نویسنده

  • Yasunori Okumura
چکیده

In this paper, we discuss the formation of collaboration networks among …rms that are located in a circular city. The model is a two-stage game. In the …rst stage, …rms form collaboration links, and in the second stage the …rms engage in price competition. The model in the second stage is a generalization of Salop’s (1979) model. We examine pairwise stability of networks and a stochastic network formation process. In addition, we characterize socially e¢ cient networks. Keywords: Network formation, Collaboration, Spatial competition JEL classi…cation codes: D85, L11, L13, R32 The author is grateful to Minoru Kitahara for helpful comments. yAddress: 3-27-1, Rokkakubashi, Kanagawa-ku, Yokohama-shi, Kanagawa-ken 221-8686, Japan, E-mail: [email protected], HP: http://www.gs.econ.keio.ac.jp/~okuyasu/

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عنوان ژورنال:
  • Int. J. Game Theory

دوره 41  شماره 

صفحات  -

تاریخ انتشار 2012