Sarangi, Sudipta; Billand, Pascal; Bravard, Christophe - Department of Economics, Ourso College of Business
This paper addresses the existence of Nash networks for the one-way flow model of Bala and Goyal (2000) in a number of different settings. First, we provide conditions for he existence of Nash networks in models where costs and values of links are heterogenous and players obtain resources from...