Game Models of Network Auctionsand Their Laboratory Researches

摘要

Cooperative game theory is proposed to be used for analyzing the results of network auc-tions. The main properties of cooperative games, simulating network markets such as superadditivity, the nonempty core, and convexity are studied. Cooperative game theory is used to analyze one of the laboratory network markets studied at the Laboratory for Experimental Economics at the Moscow Institute of Physics and Technology and Computer Center, Russian Academy of Science.