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Persistent link: https://www.econbiz.de/10011397755
Persistent link: https://www.econbiz.de/10008771825
This paper characterizes the set of equilibrium networks in the two-way flow model of network formation with small decay, and this for all increasing benefit functions of the players. We show that as long as the population is large enough, this set contains large- as well as small-diameter...
Persistent link: https://www.econbiz.de/10011382640
This paper characterizes the set of equilibrium networks in the two-way flow model of network formation with small decay, and this for all increasing benefit functions of the players. We show that as long as the population is large enough, this set contains large- as well as small-diameter...
Persistent link: https://www.econbiz.de/10013135225