Ortega, Olaizola; Norma, María; Valenciano Llovera, … - Departamento de Fundamentos del Análisis Económico I, … - 2014
We provide a model that bridges the gap between two benchmark models of strategic network formation: Jackson and Wolinsky' s model based on bilateral formation of links, and Bala and Goyal's two-way fl ow model, where links can be unilaterally formed. In the model introduced and studied here a...