Showing 1 - 10 of 451
, I provide a proposition that generalizes the results of these two models by stating that: (i) Strict Nash network … network as in Billand et al (2011). This proposition requires that a certain restriction on link formation cost (called …
Persistent link: https://www.econbiz.de/10010518019
Network structure has a significant role in determining the outcomes of many socioeconomic relationships, including the … antagonistic ones. In this paper we study a situation in which agents, embedded in a network, simultaneously play interrelated … bilateral contest games with their neighbors. Interrelatedness of contests induces complex local and global network effects. We …
Persistent link: https://www.econbiz.de/10010350458
present. I do so by extending the two-way flow network with small decay of De Jaegher and Kamphorst (J ECON BEHAV ORGAN, 2015 …
Persistent link: https://www.econbiz.de/10012052280
that the completely connected network is stable, although, its exact structure, and thus contagion implications, is …
Persistent link: https://www.econbiz.de/10011737578
neighbors in the social network. The same activities often exert externalities that cumulate in "stocks" affecting agents … network of social relations, as agents display strategic substitution with distance-two neighbors. We show that behavior is … behavior and key-players tend to move to the periphery of the network, and we discuss the effect of close-knit communities and …
Persistent link: https://www.econbiz.de/10009702228
particular, if the linking costs are not too low and not too high, at least one such network is pairwise stable. Moreover, in … explanation for many core-periphery structures observed in real life social networks. -- Network Formation ; Heterogeneity …
Persistent link: https://www.econbiz.de/10008810996
different predictions for the equilibrium network. Furthermore, the influence of the subjects' farsightedness on their decision …
Persistent link: https://www.econbiz.de/10011660635
This paper studies a noncooperative model of network formation. Built upon the two-way flow model of Bala and Goyal …
Persistent link: https://www.econbiz.de/10011558335
Persistent link: https://www.econbiz.de/10012803423
Most literature in strategic network formation shows that there is a substantial tension between stability and … (2000a) and De Jaegher and Kamphorst (2015). Specifically, I show that every link receiver in a Nash network serves as an …
Persistent link: https://www.econbiz.de/10013254442