Abstract
We suggest a simple sequential mechanism whose subgame perfect equilibria give rise to efficient networks. Moreover, the payoffs received by the agents coincide with their Shapley value in an appropriately defined cooperative game. © 2004 Elsevier B.V. All rights reserved.
Original language | English |
---|---|
Pages (from-to) | 83-87 |
Journal | Economics Letters |
Volume | 87 |
DOIs | |
Publication status | Published - 1 Apr 2005 |
Keywords
- Implementation
- Networks
- Shapley value