Collaborative Network Formation in Spatial Oligopolies
arXiv:1108.41142 citationsh-index: 48
Originality Synthesis-oriented
AI Analysis
Provides theoretical foundations for stable collaborative network structures in spatial oligopolies, relevant to industrial organization and network economics.
The paper identifies conditions under which networks with arbitrary degree sequences can be stable in a spatial oligopoly firm collaboration game, extending prior theoretical results.
Recently, it has been shown that networks with an arbitrary degree sequence may be a stable solution to a network formation game. Further, in recent years there has been a rise in the number of firms participating in collaborative efforts. In this paper, we show conditions under which a graph with an arbitrary degree sequence is admitted as a stable firm collaboration graph.