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Article Dans Une Revue Theory and Decision Année : 2013

A note on local spillovers, convexity, and the strategic substitutes property in networks

Résumé

We provide existence results in a game with local spillovers where the payoff function satisfies both convexity and the strategic substitutes property. We show that there always exists a stable pairwise network in this game, and provide a condition which ensures the existence of pairwise equilibrium networks.

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Dates et versions

halshs-00728199 , version 1 (05-09-2012)

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Pascal Billand, Christophe Bravard, Sudipta Sarangi. A note on local spillovers, convexity, and the strategic substitutes property in networks. Theory and Decision, 2013, 75 (2), pp.293-304. ⟨10.1007/s11238-012-9328-1⟩. ⟨halshs-00728199⟩
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