Baumann, Leonie - In: Theoretical economics : TE ; an open access journal in … 16 (2021) 1, pp. 1-23
The paper proposes a game of weighted network formation in which each agent has a limited resource to form links of possibly different intensities with other agents and to use for private purposes. We show that every equilibrium is either "reciprocal" or "non-reciprocal". In a reciprocal...