Non cooperative Stackelberg network formation

Abstract

Non-cooperative network formation games in industrial organizations analyze how firms create links. We assume that links portray cost-reducing information and that access to this information is not reciprocal. We study the consequences in terms of profits if one firm can move first in establishing a link. A classic model of exogenous Stackelberg leadership is developed and first-mover advantage is observed.

Keywords

• juego no cooperativo
• estrategias de formación de red
• equilibrio de Stackelberg
• decisión secuencial