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Agents involved in the formation of a social or economic network typically face uncertainty about the benefits of creating a link. However, the interplay of such uncertainty and risk attitudes has been neglected in the network formation literature. We propose a dynamic network formation model...
Persistent link: https://www.econbiz.de/10010325766
Agents involved in the formation of a social or economic network typically face uncertainty about the benefits of creating a link. However, the interplay of such uncertainty and risk attitudes has been neglected in the network formation literature. We propose a dynamic network formation model...
Persistent link: https://www.econbiz.de/10011386449
Persistent link: https://www.econbiz.de/10012660720
Agents involved in the formation of a social or economic network typically face uncertainty about the benefits of creating a link. However, the interplay of such uncertainty and risk attitudes has been neglected in the network formation literature. We propose a dynamic network formation model...
Persistent link: https://www.econbiz.de/10010615149
Social networks generally display a positively skewed degree distribution and higher values for clustering coefficient and degree assortativity than would be expected from the degree sequence. For some types of simulation studies, these properties need to be varied in the artificial networks...
Persistent link: https://www.econbiz.de/10008619143
This discussion paper resulted in a publication in the 'Review of Network Economics' (forthcoming).<P> Agents involved in the formation of a social or economic network typically face uncertainty about the benefits of creating a link. However, the interplay of such uncertainty and risk attitudes has...</p>
Persistent link: https://www.econbiz.de/10011256629
capital good, subject to congestion. We show how in the presence of congestion the effect of government investment on private … the degree of congestion. Both lump-sum and distortionary tax financing are considered, with this tradeoff being tightened …
Persistent link: https://www.econbiz.de/10010291758
significance of these responses to congestion externalities, and argue that they need to be taken into account in designing … internalization instruments. We consider labor-leisure, regional labor mobility and house price responses to congestion externalities …
Persistent link: https://www.econbiz.de/10010292015
In this paper, we present a model in which the performing arts are modelled as congestible public goods. In accordance with empirical evidence, the production of seat capacity is assumed to be subject to fixed costs. We estimate the parameters of the model's demand and cost functions using...
Persistent link: https://www.econbiz.de/10010296236
authority in terms of population is obtained where the increase in proprietary risks due to congestion meets the decrease in …
Persistent link: https://www.econbiz.de/10010296256