Group formation in economics: networks, clubs, and coalitions

A survey of network formation models : stability and efficiency / Matthew O. Jackson -- Models of network formation in cooperative games / Anne van den Nouweland -- Farsighted stability in network formation / Frank H. Page, Jr., and Samir Kamat -- Learning in networks / Sanjeev Goyal -- Group formation : the interaction of increasing returns and preferences diversity / Gabrielle Demange -- Games and economies with near exhaustion of gains to scale / Alexander Kovalenkov and Myrna Wooders -- Coalitions and clubs : tiebout equilibrium in large economies / John Conley and Stefani Smith -- Secession-proof cost allocations and stable group structures in models of horizontal differentiation / Michel Le Breton and Shlomo Weber -- Political parties and coalition formation / Amrita Dhillon -- Power in the design of constitutional rules / Mika Widgrén -- Group and network formation in industrial organization : a survey / Francis Block -- Institution design for managing global commons : lessons from coalition theory / Carlo Carraro -- Inequality and growth clubs / Fernando Jaramillo, Hubert Kempf, and Fabien Moizeau -- Informal insurance, enforcement constraints, and group formation / Garance Genicot and Debraj Ray -- Spontaneous market emergence and social networks / Marcel Fafchamps.

Broad and diverse ranges of activities are conducted within and by organized groups of individuals, including political, economic and social activities. The purpose of this volume is to introduce the reader to game-theoretic treatments of group formation

Broad and diverse ranges of activities are conducted within and by organized groups of individuals, including political, economic and social activities. These activities have become a subject of intense interest in economics and game theory. Some of the topics investigated in this collection are models of networks of power and privilege, trade networks, co-authorship networks, buyer–seller networks with differentiated products, and networks of medical innovation and the adaptation of new information. Other topics are social norms on punctuality, clubs and the provision of club goods and public goods, research and development and collusive alliances among corporations, and international alliances and trading agreements. While relatively recent, the literature on game theoretic studies of group formation in economics is already vast. This volume provides an introduction to this important literature on game-theoretic treatments of situations with networks, clubs, and coalitions, including some applications