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Network formation under institutional constraints

Ortega, Olaizola; Norma, María; Valenciano Llovera, … - Departamento de Fundamentos del Análisis Económico I, … - 2011

examine the impact of such societal constraints on stable/efficient architectures and on dynamics. We also study stability and …We study the effects of institutional constraints on stability, efficiency and network formation. An exogenous … stochastic stability in the presence of decay. …

Persistent link: https://www.econbiz.de/10009493838

Asymmetric flow networks

Ortega, Olaizola; Norma, María; Valenciano Llovera, … - Departamento de Fundamentos del Análisis Económico I, … - 2012

This paper provides a new model of network formation that bridges the gap between the two benchmark models by Bala and Goyal, the one-way flow model, and the two-way flow model, and includes both as particular extreme cases. As in both benchmark models, in what we call an "asymmetric flow"...

Persistent link: https://www.econbiz.de/10011145666

Unilateral vs. Bilateral link-formation: Bridging the gap

Ortega, Olaizola; Norma, María; Valenciano Llovera, … - Departamento de Fundamentos del Análisis Económico I, … - 2014

model. We study Nash, strict Nash and pairwise stability for the intermediate models. Efficiency and dynamics are also …

Persistent link: https://www.econbiz.de/10011145667

From bilateral two-way to unilateral one-way flow link-formation

Valenciano Llovera, Federico; Olaizola Ortega, Norma - Departamento de Fundamentos del Análisis Económico I, … - 2014

Persistent link: https://www.econbiz.de/10011129021

Information, stability and dynamics in networks under institutional constraints

Ortega, Olaizola; Norma, María; Valenciano Llovera, … - Departamento de Fundamentos del Análisis Económico I, … - 2010

In this paper we study the effects of institutional constraints on stability, efficiency and network formation. More … constraints on stable/efficient architectures and on dynamics. …

Persistent link: https://www.econbiz.de/10008455835

Efficiency vs. Stability in a Mixed Network Formation Model

Ortega, Olaizola; Norma, María; Valenciano Llovera, … - Departamento de Fundamentos del Análisis Económico I, … - 2015

Persistent link: https://www.econbiz.de/10011266133

Internal Organization of Firms and Cartel Formation

Ortega, Olaizola; Norma, María; Kuipers, Jerome - Departamento de Fundamentos del Análisis Económico I, … - 2004

only known solution that satisfies core stability, strong aggegate monotonicity and null player out property in the class … of balanced games. The SD-prenucleolus is the only known solution that satisfies core stability continuity and is …

Persistent link: https://www.econbiz.de/10009364647

A new solution for the roommate problem: The Q-stable matchings

Biró, Péter; García, Iñarra; Elena, María; Molis … - Departamento de Fundamentos del Análisis Económico I, … - 2014

The aim of this paper is to propose a new solution for the roommate problem with strict preferences. We introduce the solution of maximum irreversibility and consider almost stable matchings (Abraham et al. [2])and maximum stable matchings (Ta [30] [32]). We find that almost stable matchings are...

Persistent link: https://www.econbiz.de/10011145673

Emergence of Cooperation in Heterogeneous Population: A Discrete-Time Replicator Dynamics Analysis

Escobedo Martínez, Ramón; Laruelle, Annick - Departamento de Fundamentos del Análisis Económico I, … - 2013

dynamics. Overlapping generations are considered, so the replicator equations are formulated in discrete-time form. The well …. The stability analysis of the dynamical system is carried out and a detailed description of the behavior of trajectories …, the linear stability of monomorphic states in the discrete-time replicator coincides with the one of the continuous case …

Persistent link: https://www.econbiz.de/10011166109

A Unifying model of strategic network formation

Ortega, Olaizola; Norma, María; Valenciano Llovera, … - Departamento de Fundamentos del Análisis Económico I, … - 2015

Persistent link: https://www.econbiz.de/10011201284